A "quick math" AirBNB analysis would have me just under breaking even on the mortgage after accounting for management, AirBNB fees, CapEx, vacancy, routine repairs and about 10% set aside for other STR related supplies.

Since then, I've acquired 6 or 7 more multifamily properties.The greatest periods of growth in my life occurred when I was willing to be uncomfortable and vulnerable.

Hi All, I'm freshly starting my MTR and have quite some questions that need your help: For tenant screening, I plan to do the routine background (eviction, criminal) screening and credit check.

The couch looks uncomfortable, so does the chair.

Lets say you are waiting to get that cash flow flip in 5 years; a new roof, HVAC, routine upgrades and the other stuff I mentioned can leave you in the whole another 5 years once it collectively adds up.

If this is something you're uncomfortable with, I would try to invest locally if feasible.

Those should fall under routine maintenance.

You might have a challenge with tenants/customers feeling uncomfortable next to a prison so getting the local insights might be valuable to you as well. 

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Great entrepreneurs get comfortable being uncomfortable.