Another item is, my logic at purchasing this property was to spend less than what I am paying for my current living expenses and it is about there.

On a turnkey house, expect to see $250-$300 a month if you put 25% down after all expenses.

@Toure Smith finding a private lender isn't that hard, but most of the time the private money is pretty expensive.

After they see the full benefits (decreased living expenses, appreciation, debt pay down from your tenants, depreciation), then their mind will change :)What is the business plan transitioning from HH#1 to HH#2?

Get in before it gets too expensive!

Your job is to bring the conversation back to the current, real-world numbers—actual income, actual expenses, and actual cash flow.

The CAP on that was fair and enough for me to cover my expenses, debt payment and put some cash in my pocket every month. 

Just like any flip story, my first flip expenses almost doubled (different story for another day 😊), so we are being cautious with any additional expenses.

To me that expense would negate the increased profits of STR, which is the whole point of STR. 

The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties.