It depends on where you are on the investing phase, everyone will be in a different part and have differing opinions.I was in the growth phase a couple years so I looked to take on more debt to build my portfolio.I accumulated a lot of wealth after all the appreciation over the past 5 years.I am now looking to decrease my debt.Once the debt is paid down, I will be able to get an increase in monthly cash-flow that would have went to interest / principal paydown.Remember the goal is a comfortable living situation and not to acquire more rentals(or another job).

This amount fluctuates, typically peaking before a property purchase and then gradually decreasing as we rebuild reserves for the next opportunity.

Over time, as rents increase and mortgage balances decrease, your cash flow improves.Secondly, property appreciation plays a big role in wealth accumulation.

I keep the 7 day minimum until 6 weeks out and then decrease minimum night stay to fill in unbooked dates with shorter last minute stays.

Average tenant stay of over 5 years.7 evictions in 17+ years out of >1,000 tenants.Income reliability: Our clients had zero decrease in rent and zero vacancies during the 2008 financial crash.

I appreciate the info provided so far, but I have more questions and I don't expect freebies from pros like yourself.I'm looking to get together a semi-solid idea of how this all works before I drill down, in depth with my usual accountant in a couple weeks (if I still decide to drill down with my usual accountant after learning more info on what I'm trying to do - from you or someone else.)My usual guy can't get to me right away and I'm in a time crunch, if this deal is going to happen the way I want it to (bonus depreciation decreasing by another 20% on Jan 1st)I really just need to understand Bonus Depreciation, in detail, and as it applies to my situation.I'm brand new to all of this.

It will tell you if that change increased/decreased clicks & First Page Impressions & Booking Rate overtime. 

Meanwhile in a state of temporary euphoria (insanity?)

I did most everything I was supposed to do, increase my income, decrease my living expenses, save cash, etc.. 

Post in Temporary/sublet housing and Apartments/Housing for rent categories.