In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly. 

Tools like Cashflow Analyzer Pro with Deal Instant Analyzer from Asset AFC can help you break this down and understand your potential cash flow and return on investment.

They have an internalized system where instantly a person has thousands of potential end buyers for a "lead" coast to coast.

For those of you who follow the news, banks did what the regulators (who could instantly destroy them at any time, why do you think Operation Chokepoint worked?

In the end you always roll the dice on guests.I don't allow instant booking.

I mean, I could try to just memorize the math..The tool is called Cashflow Analyzer Pro with Deal Instant Analyzer from Asset AFC.

Now I get to sit back, relax and collect $2300/mo in rent plus about $100k instant equity because of how the market is over there.

They force you to take instant bookings without any ability to screen guests.

So in my situation I have instant booking turned on and didn't have Damage Protection.

If you can get your direct deposit moved against your heloc right away, and then you do not have to pay bills instantly, you are leaving your idol funds offsetting a 7.5-8.5% interest rate.