Especially since equity is usually fixed and broken down into equal payments, without interest being paid on the balance.Hopefully you had a lawyer involved in this, and be careful what you say or admit now.

Can you afford to buy a similar size property in the same neighborhoods and design, furnish, and upgrade with amenities to compete against those top-performing comps?

They will crowd into housing and wear upon sewers, streets, public transportation, our broken grid, and they will pay cash.

Please feel free to use code VENI324 when upgrading to get your investing career going!

You end up with a (theoretically) appreciating asset.I own a STR in Florida that hasn't broken even yet and may not ever.

We thought this would be great because he already has a rapport with the current tenants and we don't want to make major changes since we will be soon increasing the rents after some capital upgrades. 

The unit they are moving to is an upgrade.

Another week to collect security deposits, review applications, and place tenant is another $21 per month lost.If the price had simply been reduced by $50 per month after a week with no applications, you've essentially broken even.

Please feel free to use code VENI324 when upgrading to get your investing career going!

The biggest dig against Guesty in the past was that Guesty for Hosts and Guesty for Pros were on different platforms and upgrading was anything but seamless.