I can see the OP giving this a shot.. but it is risky he could end up making a few bucks and getting experience might just break even or he could take a loss.. that margin is very thin in markets that are not selling as soon as you get CO  thats been one reason we have been profitable very few homes have been carried past CO so financing cost are at a minimum.. you hold a spec home 6 months past Co and every month your losing money you will not recover.

That amounts to a loss of $6240 in cash flow per year.2) Property Tax discount of $466 per month is for the first year. 

Thanks to this equity growth, we were able to recover much of our initial cashflow loss.

I am left feeling that working with them was a wasted investment and decided to cut my losses and move on.

However, as W2 earners, these losses are considered passive and can only offset passive income unless you or your spouse qualify as a Real Estate Professional (REPS) by meeting the 750-hour and material participation requirements or STR is used.

If they pay earlier than their set up date, unnecessary emails stating payments need to be set up go out.

And unlike the borrowers, who fund the whole damn thing, the investors are covered for losses.

Some amenities are crucial and obvious (pots and pans, plates, linens, good Wi-Fi), some are unnecessary and obviously so (personal movie theater with arcade game room), but the trickier amenities lie in the 2 middle zones.What are some necessary amenities that you might overlook? 

I saw this as a way to avoid a potential month loss rent due to tenant vacancy.

It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!