You have broke college kids who are relying on financial aid to pay their rent.

Your business and success will rely on your property’s reviews.

This is in contrast to vacation markets, which rely on travelers spending discretionally. 

That would translate to roughly $5,000/yr, and I would then save that full amount into the solo 401K.Thanks in advance!

Real estate investors ❗🫵🏘️🏠🏞️WHY❓..... are you relying on banks for funding your deals when whole life insurance offers the same function but with (many) MORE benefits, both short and long term?

However if you are relying on mid term rental make sure you are in an area that is in demand.

its just everything else real estate related I bet 20% of so called investors buy 80% of the props.. the rest are dreamers or afraid to pull the trigger are supreme time wasters. and or the number crunchers who rely on some spread sheet to determine their returns etc etc.

While you can't stop the tenant from doing their own tests I would have not relied on that at all, especially that kind of test if I understand what that is, I mean, that is not a scraping or a sample from a surface. 

So after paying such a hefty amount, one is left with little to no resources and to rely on the bird dog tasks.

Roughly it translates to about $50k Net after deducting all expenses.Conclusion: you save some money in the first 3 years, but at a cost of spending a lot of time to manage the STR, not to mention any start-up time to buy and furnish and launch the STR.