If I decrease the discount for booking longer stays my vacancy will go up but I'll have more short stays which pay more.  

We can 'add back' paper losses such as depreciation, meaning that's something that will decrease your tax burden without decreasing your mortgage qualifying income.

I am looking at properties in Warren, RI and multiple properties land value substantially decreased in 2013, between 15-30k!

Track everything you do and review that regularly to help you decrease your expenses increase your income.  

The returns (cap rate) may not be as high but some of the headaches will decrease.

Right now we have 2.4 months of inventory and inventory is decreasing.  

MONTHLY EXPENSES: $1259MONTHLY CASHFLOW: $91 (Much less than before due to decreased rent and $266/mo. for expenses).CASH ON CASH: 3.91%CAP RATE: 5.72%Personally, I don't like the deal nearly as well for $91 bucks a month.

You can make an offer with a bunch of contingencies but it really decreases the chances of the deal coming to fruition.

"Early Out" was a way to decrease HR costs and get better customer service and collections.

You also decrease your ROI since your investment is much higher.When you actually have multiple properties, you build wealth quicker as those rents build up equity for you, so your investment into the assets works harder for you.