Plus, you’re close to paying it off, and owning it free and clear in a few years would only boost your returns.

If you can swing it, increasing your down payment to 25% or more might help boost your cash flow and make your investment even more sustainable.Your long-term goal of buying and holding, with a target of 20 properties, is definitely a winning strategy.

Sometimes pulling out equity and reinvesting it elsewhere..maybe in a smaller, more agile asset..can give you the cash flow boost you’re after without giving up a solid property.Improving the property’s current performance by making it more appealing to tenants or tweaking lease structures could give you a nice bump.

Banks must approve a short sale for a short sale to take place, and banks hire appraisers and other real estate agents to perform broker price opinions (BPOs), or estimated values of the home.The goal would be to negotiate with the seller before the home becomes a short sale. 

Therefore, if you look at history, real estate has continuously performed in an upwards fashion while, like any other investment, has experienced short lived corrections from time to time.

Handle Legalities:Make sure you have all the permits required for the task you intend to perform.

No need for a PMS with only one.AirBNB and VRBO can handle things for you.In the end you won't save much time with only one STR.Plus, personal correspondence really works well to boost those 5 star ratings. 

I’ve tried VRBO and Furnished Finder, but they didn’t perform well in my market.

Given this is a front loaded fee that needs to be overcome in asset performance, it is a lot harder to absorb on "smaller" deals.  

. $250mnth is not good performance.