Since pro forma's are a projection they are as good as their assumptions, as an investor, you need to agree with the underlying assumptions. 

"Absolutely agree!

Quote from @Cloey Green: I have to agree.

I totally agree with @Caleb Brown, especially the part about consistency!

I agree with everything that has been posted.

I agreed to pay for the renovation with no interest credit cards.

I couldn't agree more, and I appreciate your invitation to help.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

That would be fair, but instead, they make you shoulder all the risk.I complained twice, and they finally agreed to let me out of the deal but kept my $10,000.

I agree with Adam on this.