Quote from @Alonzo Moreland: A high water bill is typically due to a toilet that constantly runs/flushes.

It's exceptionally difficult to remove a tenant, now more than ever.I understand this is an appealing way for people to get into real estate investing, but my $.02 as a real estate investor and someone with front-row experience with these properties to run away screaming from this approach. 

When I asked about this I was more or less told that because they run the purchase/sale through the agent's brokerage firm it makes the process more efficient and there are all these moving parts etc.

Conversely, you will run into people on your list that just seem to be a waste of time, so you’ll want to avoid them.

Someone I met while visiting runs a construction crew up there so was wondering if anyone could shed some light on the market up there and what they are seeing.

Maybe run a few scenarios...what if interest rates climb higher, or if property values plateau?

My advice is to keep what you have running.

 $6k  Currently working on a fixer that will probably run about $15-20k by the time it's all said and done, but that's fine, it probably had that much equity in it when I closed and it'll have more after I'm done.  

Hi Kyle,Given your plan to acquire 19 rental units over 10 years, here’s a realistic projection:For cash flow, assuming each unit rents for about $1,200 to $1,500/month and generates $300-$400 in net cash flow after expenses, you could see $68,000 to $91,000 annually from 19 units.Appreciation typically runs at 3-5% per year.

I walked away with a thorough understanding of what it takes to run a successful Airbnb, from setting up listings to managing guests and maximizing occupancy rates.