My LTRs average 32% but my STRs average 22% even with the theft factor of replacing toasters, silverware, coffee makers, blankets, pillows, chaise lounges, lightbulbs,hair dryers, etc...

ill say this.....it took me 14 months to get my first wholesale deal......and everyone was in my ear saying "youre not doing something right..." etc........but in that 14 months it was a self development thing for me......i began to read books.....i didnt read a book for leisure until i was 31...........i developed an early morning routine.....i developed discipline.....now im probably the most disciplined person that i know......I get up everyday at 430 am....i meditate....i pray....i have an affirmation journal and a gratitude journal......i fast for 48 hours weekly.....i take cold showers.....i work out.....i do yoga.....etc.......i say all that to say this......its all a mindset thing......keep pushing!!!

So I'd be still taking bold affirmative action, but with a much smaller amount of money, so that you can start learning a lot - but without a staggering amount of risk in a market that will be leaning the other way before too long.Additionally, if you still have a good amount in the bank when the market starts correcting, you can be ready to take advantage!

You can usually run a few lamps, alarm clocks, phone chargers, etc no problem, but if the tenant wants to (say) use a hair dryer in the bedroom, they might end up popping a breaker.If you have to run a new circuit just for the window unit(s), consider putting a single outlet next to each unit, instead of the common duplex outlet. 

It is encouraging and motivating to hear other people's stories and also affirms that it's very attainable if you do the research on the front end. 

This was for a Hair-care product. 

I purchased the property with two units leased (a hair below market but units in decent condition) and the other two units needed to be more or less gutted. 

Essentially splitting hairs.

Maybe a hair more if lot rent is super cheap or if seller can finance large part of the sale.  

I'm not trying to split hairs, but you can't develop a personal relationship by asking on a message board.