We also have access to a $30k HELOC, fixed 8.5%.The current mortgage is $1600 and exact units in our block are renting for $2600+/mo, but the property doesn't pass the 1% rule.We want to start investing in RE again.  

STRs also involve more risk in regards to property damage, increased wear and tear, etc.  

The unit was completely dirty, damaged and looked like a fixer upper.

Thanks They're my go to for any smoke damage (fire, cig, pot).

This public exposure to the commission process may be the most damaging aspect and may dwarf these verdicts longer term. 

I understand that the majority of the risk in Section 8 is from tenants damaging the property, therefore depreciating the asset over time and leading to high maintenance costs.

However, the property in question is in a pretty good location: adjacent to a garden run by the city council, less than a block from a brand new park, and kiddie corner to a church/Catholic school.

Then, block out all the noise and BS that is Facebook, Instagram, YouTube, and god help us, TikTok. 

Did it lead to more damage to the furniture/property and end up lowering your ROI? 

A smaller house on the same block sold as a STR this year for $640k, is smaller sf, half the size pool and smaller yard.Trying to put a number to this property, thoughts?