When the extra cash flow from STRs no longer justifies the work, we'll shift our focus to long-term rentals.

Bonus Tip: take extra care to get 5 star reviews on your early stays.

The extra $50 for TC's top subscription is 100% worth it.

• Should I allow more than an extra month if it comes down to it?

The extra 10% would be split up as 6% max as seller concessions towards closing costs, then the remaining 4% would come off the principal loan amount. 

That will cost extra time and money to remedy.

The product is available but the pricing is not as pretty by any means, you’ll be looking at a rate 1-1.5% higher and possibly an extra .5-1 point in cost right off the bat. 

Experience with STRs - they at least know or can understand the extra steps it takes to make ready the properties, including photos (cleaners hate taking photos, I've found, even though it protects them from being blamed)2.

He told me that given that I was still fairly new to investing (5 years) that I should consider the benefits of having the extra cash on hand either for emergencies or for future down payments on additional properties.

Investing out of state adds in another layer of complexity for sure.Are you four units in Mckinleyville?