It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

I believe we're likely in or are heading towards recession but I agree that the factors that led to the GFC are not in place.

But that would allow you keep the appreciation if it's great, and buy a smaller property to boost cash flow.If you don't like the property (because of risk, potential future events, etc) then sell it and while you're getting ready to 1031 it, use the IRR calculation to compare cashflow locations with appreciation locations (the IRR factors in both).

Some lenders compare this to only the actual mortgage payment and some include an expense factor.

So we wouldn't be losing any space by adding this extra 1/2 btr, on the contrary, it's pretty much a "dead space" and the tenants sleeping upstairs wouldn't need to go downstairs in the middle of the night or every morning - definitely more convenient

Good morning!

I just signed a subscription for a new property in March without incident. re: rate consistency in section 6.1 “The quality of the experience is based on a variety of factors such as calendar accuracy, Host response times and booking acceptance, rate consistency,”

Good Morning!

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.

DSCR loans require upfront work to calcuate multiple factors based on either the PITI or the ITI and know your ratios up front.