We started out years ago with color coordination for each house and even with an Excel spreadsheet keeping track of what colors went where, it was a nightmare and a big mistake. 

Arthur,  I did that exercise using Excel's Solver. 

I think realistically, 150 hrs or even 200 hrs is more likely, especially for a new STR owner.Here is the Excel table my husband did, with some very simplistic assumptions.

Research  The wage rates for the positions you want to hire, in your area.

Surged to $708,935285; an increase, by 7.0% resonating with the fulfillment of dreams.Amidst the hustle and bustle of activity the market, for townhomes and condos in Miami remained steady with sellers receiving 95% of the listing price showcasing a dedication to excellence that's unwavering.Time, like a maestro orchestrating lifes symphony appeared to move in harmony, with Miamis rhythm.

Let's call them Excel Investors lol, I'm not knocking it but often times it becomes convoluted.

At a high level, your cost of capital is excellent, contributing to a projected IRR of +26%, which accounts for the time value of money.

I think with proper education and guidance you’ll excel at a much faster rate and save a lot of money in the long run.

Purchase price: $190,580 Cash invested: $27,000 Bought a duplex in great condition in an excellent location for 10% down that now cashflows at a 35% cash-on-cash return!

My parents are interested in supporting me and they are at a stage where they have a comfortable amount of money, they have excellent credit and they have no plans of taking out a loan in their lifetime.