This can increase your profit margin by avoiding platform fees.

Keep this in mind when going the VA route for management.2) If a deal breaks/is no longer profitable because of Property Management Expenses, it might be best to find another deal with bigger margins.

We are taking over seller payments, then renovating and sharing profits with the owner. 

It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.

Some properties take years to become profitable.

These factors can play a huge role in making a property profitable in the long run.

My parents took out a HELOC loan on their house, and I managed the property with a 50/50 profit split. 

Then I would shoot for areas that appreciate the most, because when leveraging the 5% down.. appreciation will bring you the most profits. 

Can you handle all that if you have to eat from those profits?

Making a decent profit has everything to do with the right market...each and every one is different in guest avatar, ADR, and yearly revenue...the property itself, and the host and how knowledgeable they are on the STR industry right now because that is also an ever-changing landscape!