@Nikhil MascarenhasDifferent people go different routes depending on their risk tolerance, their amount of equity and compared to other assets owned, how patient they are with a complicated set-up and high legal fees, whether they view the $800 as game-changing or just a cost of doing business, etc. 

I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?

Institute additional phishing attempt trainings with your IT group.Increase Cybersecurity: Ensure your software and safety protocols are up-to-date.

But ignoring the safety of your guests could cost you everything that you own. 

If you just want to throw out a general amount for safety, I would say 15k, but there is a lot of good advice above on how to judge it.

The thought of making that a 25 year commitment instead gave me a slight feeling of safety so right away I started paying an extra $100 in principle to my mortgage every month. 

To maintain the Premises in compliance with the applicable health and safety laws of the state, and of the local units of government where the Premises are located during the term of the Lease.

So you over-pay, oh well ya just gotta be a bit more patient for the equity to catch you up to 0.

Contractor is being patient with her and trying to talk as to why she's not opening the door.

There are about 14 million millionaires in the United States so only about 4% of United States population.Personally I like accredited investors that have already made alot of money and not looking for high risk deal and just want that steady coupon and if they get upside great but not required to invest in the deal as equity upside is a secondary focus versus the safety and stability of the investment.