Thank you,CourtlandHey @Courtland Wilson, we have one tomorrow night.

I have a Booking.com guest in one of my properties right now and he is fabulous - 8 night stay for the holiday.  

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

I wouldn't be able to sleep at night knowing that I had people in my properties that had mice or bed bugs or cockroaches. 

I’m not promising a fairy tale, but if you want guidance from someone who’s spent late nights haggling with contractors, tweaking staging plans, and emailing roofers at odd hours, well, I’m here.

Instead, I've heard of hosts raising the nightly rate high enough it won't book or setting a 30-day minimum stay and had no issues with a double booking.

Funny enough, after making a few calls to my network in Scottsdale, plus tapping into a couple of connections I’d developed through some late-night investor meetups, we found a buyer quicker than he could polish off his morning espresso.

After working a long night shift that ended at 6:20 AM, I shut my eyes and prayed, thanking the Lord for the day and asking for rest and guidance.

I like how I can dig into the competition and see their nightly rate, pet policy, etc.   

So even if the cash flow is only 3% or 4% cash on cash, that’s enough to provide a protective layer to cover unexpected items.To me, the cash flow is NOT to put spendable cash in my pocket NOW but rather keep the property self supporting while it increases in value over the long term.In addition, every property a purchase has a cash reserve fund - call it my rainy day fund or my Sominex account (ie I can sleep at night knowing if the furnace goes out I have $8,000 in my reserve fund to replace it.)One final note, I have found once one reaches a certain net worth, cash flow no longer is a concern, there is always as much cash flow as anyone wants.Final note, who will have more cash flow someone with $1M investible cash or $3M investible cash?