If you're more conservative, you might want to increase your fixed income allocation.Income needs: If you plan to live off your investments in retirement, ensure your portfolio generates sufficient income to cover your expenses.Remember, this is a general guideline.

That is sufficient to handle normal usage, regardless of the brand of paper used. 

I agree that a vast majority of RE agents have not honed their craft.

However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation).2.

By incorporating additional collateral to secure financing, investors can enhance their security, ensuring that the asset pool remains sufficient to stay within the desired CLTV range.

You'll have to pony up the vast majority of that at the beginning of the project and plan to get most of your "funding" when the project is wrapping up.

Normally at minimum an appraisal is required to verify the remaining collateral is sufficient.

If you don't have the liquidity to purchase the property your other option is to finance the acquisition but how do you obtain financing when you can't even show sufficient down payment funds/liquidity on your PFS?

The lender assesses whether the rental income is sufficient to cover the loan payments.

I simply rely on Airbnb and VRBO (although the vast majority of my bookings come via Airbnb).I have a great cleaner and I'll have a handyman, plumber, etc. come to the house when needed for those things.