The website does not have an area for me to pay a fee to download the agreement.

This may not seem important now but I’ve had two partnerships turn sour and if we’d have had an exit strategy on either it would have saved tens of thousands of dollars on legal fees and court costs.

What I am trying to say is so little of the return is based on cashflow, it shouldn’t be the deciding factor. 

Location and amenities are the two most important factors that bring potential renters to an STR. 

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Some people look at PM fees as “wasted” or something they could do themselves.

Spend a year learning and going to meetups before you fork over a $50-$100k franchise fee and half of your profits and don't even know what you are doing.

While turnkey properties are more commonly used for DSCR loans due to their immediate cash flow, fixer-upper properties can still qualify depending on a few factors. 

Note that the diagram doesn't consider tax implications—that's another important factor you'll need to include in your decision.

For example, an algorithm can't compare a property that charges a flat fee for utilities vs one that charges based on use.