But the 50% op ex ratio will be close enough for first pass. 

My first live-in flip was a distressed 3,600 sqft home, shockingly not old just built in the 90s, but totally shot.

I would keep the deposit unless I am able to rebook the dates and then I would only make her pay the difference for any unbooked nights. 

We elected Trump the first time, elected Biden to relieve ourselves of the chaos of his first presidency and now reelected him because he promised he would lower the cost of eggs by pumping more oil. 

First off, thank you for your service, and congrats on transitioning into teaching—what an awesome way to continue making an impact.My wife, Kelly, and I are in Volusia County, where we run a real estate brokerage and property management company.

I bought my first house 2 years ago for 255k 20% down at 6.375% APR.

That, and the fact that I would just barely recoupe the additional charges they impose for initial setup in the first 3 years, turned me off of it as an investment for the time being.

I tell people all the time: if you can't find a quality PM in a market, don't invest in that market!

However, if I take my resources and spread it around, I can weather bad times better.

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.