This will reduce your monthly cash flow from the property, impacting your ROI.Break It Down with a Calculator:While BiggerPockets calculators are fantastic for many scenarios, they don't currently allow you to input multiple simultaneous loans (e.g., mortgage + hard money).

Note this can be pro or a con depending on your strategy.

Very few analyze the ROI of their efforts and adjust their strategy of achieving their goals at each meeting.

I can see the misunderstanding here, but I still don't think the strategy will bear fruit over time.

Look into the BRRRR (Buy Rehab Rent Refinance Repeat) strategy.

I have changed my rental strategy to short-term rentals and co-living (rent by room) to allow for more cash flow. 

I always enjoy learning about other markets, and this post gives a fantastic blend of data and local insights that really paint a full picture.The real estate stats are particularly interesting.

That is the best case scenario, of course sometimes you get lied to and stalled, that's why it is important to always emply a double strategy and stay a step ahead.

Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy How did you find this deal and how did you negotiate it?

It’s a mix of strategy, management, and a little bit of chaos, especially when dealing with unruly tenants or trying to balance your budget while upgrading properties.