Hopefully you learn on my dime, and I learn on yours.

You're spending that money before you earn a dime of booking revenue.Another random example closer to home for me is Waco, TX.

Even after meeting their demands, they still find ways to nickel-and-dime you, such as charging exorbitant fees for retaining property photos.To add insult to injury, their customer service is subpar.

I'll second @Jonathan Greene - STRs hemorrhage cash before you earn a dime in revenue.

Quote from @Noah Ogle: Here's the harsh reality: posters like you are dime a dozen.

In Aussie, buyers agents are a dime a dozen and the only one's offering such a service are the "pumpers" that promote themselves as "financially free and if I did it, so can you"So mostly investor focus and work as buyers agents nationwideGrazie mille 

For instance, if we had 5 AC units go out, I couldn't cover that on a dime without outstripping my capex and tax savings, but I could probably pay off in a few months.

It's like comparing fast nickels to slow dimes...you have to find your happy medium and what works for you. 

And that means more overhead.Most PM's are also going to nickel and dime in these sorts of markets.

Their PM services truly are great to work with and they never nickel and dime you for every little thing they do.I like Toledo properties because the general maintenance and the cost to clean and fix a unit when there is turnover is relatively minimal as the properties are modestly sized.