NO The banks usually only care that you can pay the note with the proceeds from rents collected and that the DSCR makes sense.I would study up some more and read up on the 50% costs and make sure when you deploy your hard earned capital that it counts the most.

I'm reading David Greene's BRRRR book right now, but I don't want to get myopic if I have other realistic options to get started investing I'm open to them.It’s all about how you deploy the 100k.

This property appraised over our initial projections allowing us to pull out more than our intial investment and re deploy capital for the next deal.

I will net about $50k profit and RE-deposit about $180k into my self directed 401k that I can re-deploy at a much greater return.

I am in the Military and have an upcoming deployment sometime around October-November timeframe. 100% financed using a VA loan. 

I’ll head to a Honolulu meetup once I get back from deployment and meet you all!

In my experience the maintenance and capital expenditures will be more economically deployed in the apt building because it is all under one roof.

I decided to try Airbnb when I was on a constant deployment and temporary duty cycle for work.

Might be a good move if you are in a deployed to a tax-free location (as we often were).

Yes, it doesn't add up to 80k but I'd rather have peace of mind because I will be deploying in spring of next year and wont be on island to find renters when the 12 months is up.