Others here may not wish to reach out to guest and go to their secondary insurance right away as it's easier/straightforward, etc.

If you math it out it is probably unlikely that you will be cash flowing on a property that you are using 100% leverage on from a turnkey company.

It is just simple math.

Now this is an annual thing (for all new properties).For rough math, you can generate a tax write off about 15-20% of the real estate value: one a million you can expect a $150k to 200k write-offs.

I even kept the cash flow number conservative and the math still works, $1K/month on a $400K property is good but not a home run by any means. 

I kinda get it if 4 and 5 bedroom properties are going for 1.5 million in that market but... thats just math wondering what reality is?

He ran the numbers, we used a calculator to run numbers for rental or flip property, and the math made sense.

I did the math and could cover the mortgage solo if needed.

In davidson county most people book an STR to be close to downtown or at least close to somewhere cool as a secondary priority (like 5 points or 12 south for example).If you have an STR in white house it's going to need to make up for location.

If you want some cash flow, aim for secondary markets like Worcester or Fall River.