It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I was drawn to the accessibility of their projects without needing to be a FUND, along with the extra benefits that come from their large-scale output.As an investor, my priorities are finding good deals, investing in landlord-friendly markets, and transitioning to new construction properties.

So met him in person and drank a few glass's with him over the years.. he kind of started the reality TV late night TV gig.. 

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

With the extra cash flow, you could strive to acquire additional income-producing properties over time.

In the case mortgage foreclosure, I usually offer to pay for the existing mortgage and give them a little extra to move.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

Now where is that EXTRA dollar?

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes.