A couple of thoughts that might help.I recast a loan at a point where I had paid enough extra to allow recast (I think it was $5k over).

The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.  

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

They get extra sun and produce a lot more limbs and thus knots, lowering the value. 

Tons of double sided tape used which results in a fair amount of extra effort to restore (most cases paint comes right off the wall requiring patching sanding etc, some cases Good-off was effective.

While state specific leases are simple and can work, spending the extra investment and having a real estate attorney help create one for you will likely create more value/protections and save you money in the long run

It’s an extra step, but it can save you from surprises later.Keep asking questions-it’s the best way to learn.

However, I definitely recommend pictures any time a guest left damage or extra cleaning that will result in additional charges.

Earning an extra 3% on $2k that you’re likely holding for less than a year.

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?