I do know that they can go at anytime and having reserves will help handle this situation. ... and as far as vacancies/turnovers I did experience that as well. 25% to as high as 50%.... so depending solely on  TIMELY rental income is not always your best option to maintain operating expenses.

So... my husband is leaving his main job as a pilot, we are moving to Denver in a couple of months with 6 mos living expenses and are making a go at being fulltime real estate investors.

As one of the units I bought came with furniture I am seriously considering a go at temporary rentals like the AIR B&B model. 

Welcome to the site @Alex GorgesSounds like you have the right background to make a successful go at the industry.Good luck to you & reach out if you ever need any advice.

My goal is to go at the BRRRR strategy to build a portfolio; I just want to make sure it's feasible with the properties I'm seeking to acquire. 

I've seen others wash out due to a lack of interest on the part of the mentor.Most people say that a new commercial agent should have the financial backing to go at least a full year before closing their first deal.

I definitely think my first go at RE was lucky.

@David SmitI see that example as 20,500 families who now have a safe warm comfortable place to stay that mIght otherwise have no where eIse to go maybe they couldn’t qualify for homeownership maybe it is out if their own desire but it is a service ,a needed service .As a religious fella,I think of the richest man in the Bible ,Solomon .he had amassed extreme wealth over all people of that tIme .. he had thousands and thousands of oxen goats camels .

And just because I am changing the building to be better doesn't mean anything to them because it's got a long way to go. AT

Do you need a pool and a doorman or is it worth living in a walkup, paying less, investing more and trading up as you go? At