LTR is a bit more consistent and predictable in terms of rents.

In terms of the economies of Cedar Rapids and the Quad Cities, they're pretty similar.

The list is endless, but, a couple of things that stood out:The partner was not aligned with me in terms of values or vision.

If you put that in terms of percentages for a moment - that is $120/$300 = 40% of your net profit going to the property manager.Often property management charges the first month's rent as a fee to place a tenant.  

What @Robert Rixer said in terms of cost to build isn't un realistic for our area depending on level of finish and any improvements needed to the dirt.

What are you targeting in terms of annual return %?

Is the higher cash flow from short-term rentals worth the additional effort, or does it come with too much hassle in terms of turnover and regulations?

In terms of your next property, while no-money-down deals are possible, they're rare, so focusing on building up some cash reserves will help.

In terms of fees, they generally felt fine to me.

For example DSCR (Debt Service Coverage Ratio) loans look at tax returns to see how a property performs in terms of income and expenses to see what loan amount is justified. 2.