My initial investment there started off a bit rocky.

Cash flow, even that which looks good initially, tends to get eaten up by the real cost of the upgrades needed to keep the property rented.  

I see it advertised all the time about how these companies are able to generate leads and allow you to sit in the driver seat while they do all the hard work. 

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

Generate a comp set in Pricelabs and you can go into finer details on what others are charging.

@Abel Curiel, When I first drove by this property in my initial search it caught my eye...out of the 100 or so properties i had on my initial list this is the only one that I had memorized the address of. 

the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.  

Solid curtains, water fountain in the backyard, adding trees at the property line nearest the freeway, white noise generators are all other options.

Hi Justin - It sounds like your Airbnb is performing really well, especially considering your initial intent for the property.

Most lenders I know that lend on projections just go off AirDNA cut and dry.Are you using the premium version of AirDNA that allows your to see the comps or just going off the generated numberIf there are no lakefront comps, I am afraid you will be sort of winging it.