We decided to leave some equity in the property with that appraisal amount; our new loan could have been up to $142,500, an extra $7500 plus the required 25%, but our goal overall was to maximize cashflow, so leaving equity in the property meant a slightly higher cashflow.So what's next?!

I have not made an LLC yet, but I have made upgrades to the home to make the Airbnb more convenient and to maximize bookings.

We subscribe to the maxim that Everyone Deserves a Home.2.

IF we did build, What should we try to build to maximize it as rental. 

By following the method illustrated below, you minimize vacancy cost and maintenance cost while maximizing rent.

Matter of fact I have a lot getting cleared this week to try to maximize the septic permit (weather permitting) and I will design, finance and probably start construction in the next 45 days while in a war zone having rocket and motar attacks. 

As long as you do this you will have maximized the 121 exemption and sheltered all of the remaining gain in the 1031.I've put together a couple videos on this exact subject. 

You can only push rents so far so you need to buy right and increase operational efficiencies to maximize income on smaller properties or get into larger properties with more income. 

Then you have the business part which is to maximize your bottom line by systematizing processes and lower expenses wherever you can. 

So, my question or advice solicitations regard developing that "killer instinct" trying to maximize profits.