. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses. 

Its been a wild ride though doing all this through massive inflation and supply chain issue and Covid..  

It ended up being the main water line to the house that was old/rusted/damaged.

When all the dust settles, and the  person searching is tired and discouraged and gives up, Jerry may not have bought  a single lot, but he's made some money from the training he sold you, which was his main goal from the beginning!

I was thinking he supplies the down payment and acts as a silent partner.

One of our MTRs is in an area with extremely low supply that we've had a waiting list for it one summer.

Provide the supplies.

Some people are sending supplies (clothes, other needed items like school supplies, food for humans and pets, etc). 

Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

I spend extra for the the supply house versions and rarely have issues during warranty period.