What I can also tell you is that as an owner in NY, the landlord laws are very much designed to protect a tenant as opposed to here in Detroit where the laws are designed more fairly to protect both the tenant and the landlord.

A major part of the success or failure of an STR investment is the design, furnishing and management plan.

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

We will then, as the units turn over, get rents up a good bit further with additional design improvement renovations and hopefully reno into lower interest rates when they drop or at the very least in 5 years on our 20 year we'll have paid off enough to refi into a smaller loan.That is the only kind of smaller deal we can find in neighborhoods where we want to buy now. 

Airbnb dynamic pricing has ruined the whole industry.Airbnb's dynamic pricing isn't designed to get YOU a booking. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I designed a little U-shaped kitchen to fit right in the space.

Then plan and design how you're going to deploy that cash via what strategy your wife and you have confidence in.I use a excel or google doc and my first sheet would layout all of the details of the sale including all costs that go into getting closed.

You interior design definitely needs work.

If you can design something like that and hit those rental numbers than you're going to be very, very happy with the investment.