But I don’t give it primary weight.

-Ben ScarboroughHi Ben, I think the Cons out weight the Pros for Booking.com.

I learned that the upkeep of the house would be a pain and for from ideal for a STR.

We decided that the upkeep of this old home would be much more of a headache (for it being a rental) than we anticipated or wanted to deal with and ended up selling the home as a fix and flip, making money off the deal!

Filing for an LLC is $100 plus annual upkeep of $25 per annum.

Maintenance, and upkeep wise from my experience there really is no difference in 1 2 3 or 4 unit even.

Will allow you to handle flipsIt does so much that it is worth its weight in gold.  

Yes asset protection, but you need to weight the burdens vs risk.

The income of the borrower is given much less weight (if any) on the lending.

Tenants will shoot holes in walls and doors, start kitchen fires and not mention it, let their pit bulls eat the basement stairs and their cats soak the floors in pee, take the appliances when they move out, deal drugs and run a whorehouse from your property.The people I know who own places like this make their margin by being absolute slumlords, spending no money on upkeep.