.- Other market trends about the areas TH and individual room rentability - Frequency of renting versus selling in the areaI look forward to the insights you all share!

This will happen with high frequency borrowers not every deal is perfect and some need special attention and so With folks like @Jeff S. and I we hop on the phone and work it out or have face to face and work it out..

And keep in mind that BC has a high frequency of STR's that are really second homes with owners that are content to make just a little money by way of a lackluster property manager (who likely charges 30%), so I would be careful to not let some of the comparison properties discourage you.

The Section 121 Exclusion helps you avoid capital gains taxes.The IRS classification of income as a "Flip" for Real Estate Dealers is based on a few key factors including "frequency" and "intent". 

.- Frequency: You cannot have excluded the gain from the sale of another home in the two years before the sale of this property.For a duplex where you occupy one unit and rent out the other, the rules are slightly different:- Owner-Occupied Unit: The portion of the property you lived in qualifies for the exclusion, provided you meet the ownership and use test.- Rental Unit: The portion of the property that was rented out does not qualify for the full exclusion but can benefit from partial exclusion based on the proportion of time you lived in the property.

“However, strong borrower credit characteristics and favorable home equity build-up for the majority of homeowners should moderate the frequency and severity of ultimate mortgage insurance claims.”

Also in the beginning, establishing communication frequency and other expectations.

Things of course vary from one property to the next and if you multiply your units, you multiply the frequency of problems you have to solve.

In addition, because their rent is high tenants don't stay as long further increasing the vacancy time by increasing the frequency of turnovers.

And FWIW, after managing tons of cleaning vendors for HUD and others in my past life, my approach is that you get what you pay for, that you should pay a little more than the average for your market if you want your cleaner to be a partner to your business (and that such will pay for itself), that you should thank and appreciate them often, that you should make them feel free to reach out for bonus requests but also should decrease the frequency of such by not reducing their comp when they encounter easier-than-normal cleanings, and that you should pay them immediately after the cleaning.