We'll see how it pans out for me :-)Regardless, with the 40% rule, we're cash flowing roughly $2,200/year; however, considering I will have higher quality tenants at 1,500/month, the home is completely renovated, vacancy rates are less than 1% and the only major repair looming (fingers crossed) is the roof, I think it could be realistic to have our total operating expenses (including insurance and taxes) at roughly 25% gross rental income for the first few years, which should give a CAP of 9.11% and COC on 20.73%.We'll see how naive I am ;-)Wish me luck!!!

The bnsf and i believe the other is union pacific lots of jobs.

This is practically my backyard in the Pacific Northwest!

With an AirBnB/VRBO you would also need to fully furnish the property, kitchen utensils, pots, pans, bathroom and bedroom linens, all the small things. 

Of course, we also spent about $200 loading it with cheap plastic dishes, silverware, utensils, a few pots and pans, and a cheap baking pan set.

Custom mud pan with liner or whatever your tile guy wants.

to start: large level and small level power tools (drill, saws, nail gun, multi tool) screw drivershammersmeasuring tapesstud locatorchalk stringpry barvicesmagnet wire stripper flashlight tapes (duct, blue, masking)paint brushes, rollers, pans gloves putty knifestraight edge cutting tool steel woolpapertowels, shop towels  garbage bagsmagic eraser

The company I used is called Pacific Valley Homes, and the manufacturer is called Golden West Homes.

IF any circuit that doesnt operate correctly is a "Federal Pacific"  circuit breaker in your box ,,,you  NEED to be concerned. 

Use a small pan.