Lastly, plopping down 5% points for a marginal savings on a monthly payment might not be the most effective use of those funds, maybe being able to buy the next a bit quicker would generate a higher return for the cash.and no, I do not believe we will see rates below 5%, and the fed has never had any control over mortgage rates with the fed funds rate as that is the shortest possible rate overnight borrowing between banks.

While it was tempting to make a margin on cleaning fees, we believed it was shortsighted; it was far easier to charge more per night with great reviews than to pocket that money and deal with cleaner turnover and unhappy guests.No Checkout Instructions: We believed people were on vacation, and since we already paid our cleaning team well (see point 1), we didn’t feel it was necessary to ask guests to do anything.

However, the projected $40,000 annual revenue seems to only offer slim margins at the moment.

@Brittane Jenkins  A few other somewhat creative ways: 401k loan (if you're comfortable with that), margin account on your stock investments, seller financing for the downpayment (usually has to be done with a business or commercial loan for the remaining part of the loan).

So, lets say your marginal income tax rate is 25%, then you would be paying 10,500 in taxes for that 30k. 

Plenty of fixer upper homes that have good margins after rehab. 

I’m not too sure what a good cash number looks like, so please let me know if I should consider rehabbing first to build more liquid cash.To my understanding, I need to have all of my profit margins in place before even considering buying a lot.

I guess the question I’m left with is, what have you found the profit margins to look like on co-hosted (not owned,) properties?

A nice fat margin can get very thin, very quickly if anything goes sideways. 

The cost of maintenance is gone up so high there is no margin.