Also, don't forget that, if you pay taxes, it means you're making a profit.2.

The borrower must have a good deal from which they will make a fair profit.

If the rental income from your condo can comfortably cover your mortgage and leave you a little profit, moving out might make sense.

Also, for me 30+ bookings tend to be less profitable even though there are less vacancies.  

Its a good thing they profited, because projects can go south sometimes and then that really hurts.  

If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.

@Veronique Leroy I would say it is possible if you force equity, hold for a few years and then sell and then average the return of the whole profit over the timeframe of deal.

I am in Florida and we have a strong STR market and most of my buyers bought at high rates and using AirDNA we were pretty spot on for the numbers and we were successful in being profitable.  

Be sure to factor in repair costs to keep things profitable.

Our plan is to purchase again with a better mindset of turning that into a profitable rental.We have diligently completed all the necessary steps and are on the verge of signing a management agreement with a property manager.However, we are experiencing some doubts.  1.