In this case we would "lose out" on the depreciation of the gutters during the years that we are living in the house, so we could optimize by depreciating using a straight-line method instead of a 200% declining balance (or similar). 

Maintaining a strong online presence, optimizing listings with eye-catching photos and compelling descriptions, and adjusting pricing strategies to remain competitive are crucial tasks that demand constant attention.Additionally, property owners must address the legal and regulatory landscape surrounding short-term rentals.

Other times the property was bid up to non-optimal levels to purchase. 

I will try optimize it as i gain more experience since i am going to be building equity and there could be better ways of using it.

Hey Joe Bertolino I welcome the negative view point, sometimes I need people to bring me down from my high flying cloud of optimism!

I know it’s an unpopular sentiment for BP but if you’re not able to optimize around “making money” you might as well optimize around “enjoyment”.

I am planning on writing something on optimal leverage.

And one can optimize one's exit strategies to maximize both cash-flow and appreciation for now or later.

And of course the traditional components of check in and check out, guest screening, and optimizing prices (though I find the most mgt companies don't do much there)

Sub optimal yield is better than a capital loss.If you want to learn more about value investing, start with The Intelligent Investor by Ben Graham.