$77,000 earnings on a $190,000 investment is unheard of in real estate, but quite normal for a well running business.New RE investors are always after cash flow and CoC return.

They like extra room to avoid accidents, etc....Just my $0.02....

That way you wouldn't need an extra policy.

Personally I like to build with cash to avoid the extra expenses, so I dont actually finance anything until its done and I have decided to hold it.

Earning potential and cash flow seems like it would be easier to obtain if the numbers are right.

For some extra context, their lease expires in about 5 months, so this landlord transition happened midway through their leases. 

Before you close, can the rent from your buddy and the midterm tenant cover your mortgage, taxes, insurance, plus a bit extra?

Have the extra cash to really enjoy getting to know Europe.  

I'm sure people would pay extra for some kind of "meal prep/private chef" type package in their living situation.You've got the right idea thought, but don't be afraid to reach...nothing wrong with dropping your price after a couple weeks if you don't get any interest.  

I’ve consulted several different people and they have told me in my situation as an investor expanding their portfolio it makes more sense to keep the extra cash as opposed to paying down rentals.