& thank you especially for the positive affirmation, Collin!

You're not in the position to be a cash buyer...as a former wealth manager, it's simply not a good play for you for many of the reasons stated above and more.  

I recently did one where the lender did allow it but that was because of our position as a great customer of the bank and our impeccable credit record.  

Massive, I am talking MASSIVE positive. 

As rental rates increase, cash flow becomes strongly positive.  

I like that you came on here and at a minimum attempted to defend your position. 

We position ourselves in the middle, offering a high-touch, small-business experience with Superhost status.

We are ok with no or even slight negative cashflow since it would be a strong equity position for us if we hold it. 

:Quote from @Jimmy Lieu:Have tons of examples of deals that hit the 1% rule and positive cash flow.

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.