Could you work half as much and still make the same money? 

You’ll make most of your cash flow from half of May through Aug, lower in Sept, med/strong Oct.

Tenant has not paid entire rent for first month, do I have any other options other than charging late payment? 

and mortgage backed securities are  are up a half point as Powell speaks at his press conference. ouch.

A smaller SFR I purchased a year and a half ago took about 12 months to stabilize.

A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly, I am looking at my properties, and half of my properties cash flow anywhere from 800-1k, but the remaining dont cash flow at all..Honestly, I cant say that even those that do cash flow 800-1k per month do not really make a big impact because a tenant moves out, I have to clean/fix, etc.

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

If one moves out and you get half of the rent, reject the payment.

STRs specifically have supercharged our passive income goals and cut down our initial goal of a 10 yr run to get where we want to be in half. 

In 2022 and 2023 i gave away more than half my income.