Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

If we can complete projects faster, we increase IRR and build trust.3) Market Risk- The longer it takes to complete a project, the more exposed you are to market fluctuations.This goes for all things Real Estate - BRRRRs, Flips, New Builds, Rehabs, etc.Real Estate is a wild ride I feel your pain, I've had this happen many times where the project is twice as long.

I am thinking of getting a list of leads and using the owner info to mail postcards or letters to find small multi family.

When you have all the properties identical to each other, how do you compete?

A monthly fee (typically around $5-20/mo) is added on to the payment.

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

That will probably stop the problem.Their lease ends in a month, so there's no need to evict.

Rent out our current house (likely $5k/month) and use a home equity loan on the primary residence or similar financing to purchase a home in Seattle.4.

It's worked out great for me so far and I'm very happy with it, especially at the price point ($10/month). 

The other thing I have done especially if we are approaching winter months is just tell the insurance company that we will have them done in spring.