But in my opinion, the biggest issue I see with folks jumping into their first "big" multifamily deal is the quality of the pro forma. 

Since the deal has closed, the seller has no incentive whatsoever to credit January's rental payment.

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

Also, check if there are incentives or rebates for upgrading to more energy-efficient systems in your area. 

But letting minor issues slide was my biggest mistake.

One of the biggest factors in successful flips is building a strong team: contractors, agents, lenders, and property managers. 

.-- The biggest indicator of turning public sentiment was just last month, in December, when voters in Woodland Park approved a ban on vacation rentals that also appears to NOT grandfather in existing licensed properties. 

I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.

Their clear incentive is to bet on falling interest rates between now and debt maturity.A small handful of owners are forced to sell due to a looming balloon payment that a refi won't cover, but you're not going to find one of those by driving the market when any commercial broker can just look up properties on that basis and start making calls. 

The property manager must make a profit, otherwise there is no incentive to provide the service.