This past summer was our first year, so to test the market we had a 3 day minimum, and we filled every weekend with 3-5 day stays easily but we had holes in the midweek.  

If you keep responding, you will keep digging yourself a bigger hole.

Airbnb has more bookings with shorrer stays and fills the holes in the calendar.

While I have no interest in spending my time on a bunch of "ask-holes", actionable persons, there is simply no reason for $40k. 

It is much hard than LTR and you have to be elite at it to make decent money, otherwise it can be a sink hole for money.

Then they throw it all back on them another 30 or 60 days later and further in the hole. maybe a 20% down payment in addition to the previously mentioned cautionary bold print.  

Put me onto my own research rabbit hole?

Better to take less cash flow than be in the hole on the unit.

Also, improves your position in pricing should rent prices turn bearish unexpectedly during your vacancy time so you can be flexible in pricing in negative economic environments.Con's are more on the side of the whole concept of using the long term locked-in period with the bank essentially utilize inflation to 'short the dollar', as well as the more rapid diminishment of the mortgage interest paid tax advantage.All in all it is safer in a lot of respects to get to that property free and clear, but the major downside is missing out on the additional value that is derived from the power and monetary benefits that come from having a healthy expose to mortgage and other forms of financial leverage.

Long story short I purchased a home in an overinflated environment for $500k. I got the 5% downpayment from a HELOC.The mortgage and hold cost is a lot for me (over $4k). I struggled with getting property manager sinc...