So if I do a good analysis of the property (including all the costs) and the property generates monthly CF with a DSCR above 1.1, I would be removing a big risk because the numbers add up.

If you have any more questions, feel free to DM me.

Stay Financially Smart – Investing doesn’t mean taking reckless risks.

@John Humphries, feel free to DM me.

Considering your current W2 income, it's important to evaluate the risks.

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

Also, you won't be rushing at closing to hire your ongoing partners.If you ever want to chat about the Orlando/Disney market from the property management perspective, feel free to reach out!

Looking to connect with any investors, realtors, property managers, contractors, wholesalers etc from the area :) Feel free to comment or DM!

I made a free Chicago House Hacking Guide if you want to download that (see link on my profile).

We also have a weekly newsletter for STRs here called BiggerStays that you can sign up for free in your profile settings!