Our goal is to create a dynamic that both parties can benefit from and be happy.

If you don't have the additional mental bandwidth, can't deal with stress in healthful way or do not have much time to commit atleast 14 months of focus then do not build.

In addition, I will also be paying much closer attention to water flow patterns and signs of erosion around our next investment!  

Further, each party to the agreement must be gaining some benefit.  

Additionally, I viewed over 40 properties this year before purchasing my first rental property.

Just sharing here so other BP members can benefit.

Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc. 

You might also want to look at the benefit of doing a Cash out refinance and getting rid of that LOC.

Instead of paying 1250$ a month and staying in my current home I can pay 977$ per month and have an additional 4br/2 bath property. 

Make sure your listing is well optimized you can also do a little tweaking to your listing daily to get on the algorithm, make sure your photos are eye catching and well arranged, you can send out your link to friends and families and ask them to add it to their wishlist.In terms of pricing you always want to start low to get some bookings and ratings then slowly increase your price.I wish you the best in your business.