However, if your goal is to build equity while gradually getting to cashflow positivity in a few years- then it makes a lot of sense.

But then again, I can already argue with myself that I would probably be better off picking up a smaller deal to gain that experience gradually.

I gradually increased them once rents (and property taxes/insurance) started exploding in Raleigh, but remained below market the entire time. 

Alternatively, you may consider holding that property for 20+ years and have it gradually paid off.

This little big city has gradually made a name for itself in the real estate industry.

It boils down to picking a strategy, sticking to it, and working on it every day, making gradual steps forward and building upon what you've already done.

@Cameron Rockwell, when paying back your grandfather did you payback his initial investment gradually with the 5% interest combined or did you end up selling the property to give back his initial investment?

Do you want to buy and hold turnkey properties and manage them for cash-flow and gradually buy more doors?

. - Leveraging multiday discounts- Gradual discount of 30% applied over 14 days from booking day.- Leveraging far-out booking discounts - Allowing 1-night stays- Market is seasonal (summer peak), 1st year in the market, currently going into the peak. - New listing, will have superhost in a few days. - We are beyond the initial boost AIrbnb gives, but remain on the front page about 60% of the time.Questions: - Our occupancy is almost 100% - the market is closer to 60%  - comps in our building are between 60-80%.

@Sean Harris I can’t speak to your actual question as I’ve only owned there for just over a year, but my prediction is income in this market will level off and settle into a easy gradual growth up to the point that @Collin H. is talking about.