We all know not all tenants will maintain the home at that standard Esther L. says of her roommates, it requires a lot of work and attention to detail if it’s to be done right.I don’t agree with the suggestions to take over the Airbnb business because that would be creating a labor-intensive job for yourself, which this tenant is already doing.

Will high interest rates and a potential recession beat out intense demand or vice versa? 

This makes the strategy more capital intensive. 

@Justin Glass   Nice niche'  I like it.. one thought would be to hold on to these for a few years so you can 1031 them then roll all of them up so you get enough cash to reinvest in a Class A professionally managed income property that sends off true mail money and call it a day.Although I bet its a lot of fund to build dam's and improve your properties and have free place's to go hunt and meet different folks etc etc.And in your area you have the freedom to do these things to the properties out west we can't just go build ponds etc water rights are intense and tightly control.. that includes wells and damming up any free flowing water.Nice Job

Also, the lower the rent the higher the percentage your expenses will be, so the 50% that Marshall mentioned above may be optimistic.So basically, you're looking at a very management intensive project that requires a lot of work and money up front, and the potential cash flow at the end of all that is not very big.

She and I were very engaged in understanding each other's position and clarifying exactly what the offers entailed during an intense two weeks of negotiations.

@Casey DeCaire - welcome to BP and that's a pretty intense data dump.

However, after doing some intensive search and seeing some properties, we have to say - the Boston market is not so easy!

They had 9 openings for an intensive weekend at the presidents home complete with field trips and food.

I can only think it's too labor intensive.