For context, I spent a decent amount of time building AI tools in real estate and shared this article AI in real estate what is hype what is real in BP a a bit ago.If you are paying $250, and it is not making that money back, then it is wasted money. 

This home was brand new construction so of course there will be general wear and tear on certain items, and I have photos of items they claim are damaged or missing within the 1st month of me moving in along with a walk though video I took on my last day there after I spent a few days cleaning everything.

I've spent a good amount of time in flips and long-term rentals and I'm always happy to share insights.

I saw one guy who spent $51k on hoa foreclosures and then probably another $20k arguing it all the way up to the state supreme court, where he lost.

I have spent the last 2-3 years building this financial moat in hopes that we could start our REI journey.

My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially participated and even more than anyone else (i.e. cleaner).

Plus any rents from a multi unit taken at 75% of gross ( this means 25% is assumed to be spent on maintenance etc.).

This made me rethink some things and I’ve spent all day taking action on this persons initial analysis.

I asked my wife how much time we have spent on the rental “managing” it this year.

Back in 2014, we spent about 6 months negotiating with HGTV on a show.