Investors should NOT be using a 5% Vacancy Factor on anything but Class A properties!

(You wouldn't believe the dimly-lit-sheets-askew photos some people throw up there and hope to get booked.PricingPositive reviews are one only a few factors Airbnb has publicly said affect where your listing lands in the Airbnb search results.

My mortgage payments are barely a few hundred dollars below rents and when you factor in 300+K minimum in each house, vacancy, repairs, etc. it's barely good for appreciation, or at least it was.

These factors didn't keep me from buying though, while watching some other small markets in the region where average nightly rents were sometimes higher. 

You need to factor the cost of refinance (average $7K which may change depending upon the price of your home)

This is just speculation, but supply and demand drive the market...Reach out if you want to connect or chat more about the marketAlan,My question is why do you say not to factor in other expenses other than the PITI for net income.

I wouldn't start out with a BRRRR deal personally just because of how many risk factors there are...

It sounds like a win-win, but we often overlook a few major factors.

There are obviously a lot more factors that go into it - real estate is always going to be a mix of the tangible property/market itself with a mix with the investor/operator including experience, risk appetite, financial situation etc.I would say however if you are just getting started in real estate - LTRs are probably (in a vacuum) the better bet as STRs are certainly more sophisticated and challenging from an investor perspective

Hey Damion, This will depend on several factors. 1.