Some of our properties that were cash flow negative initially now have the best cash flow thanks to rents going up in these great locations, and very little turnover, vacancy loss or tenant damage, etc. 

Also my advice would be to not think it's a loss if you don't pull out 100% of your funds on the refi. 

helloI don't understand why you think my friend made $1 million when he sold his house at a loss.

Food for thought!

They are subject to liability if someone sues, and their license is subject to discipline or loss of license if you violate rules/laws and get caught.

Do you think Whole Foods, Walmart, or Target decides on a location because someone in management thinks this is a good location?

@Sarah Taylor From a tax perspective, you would lose the STR tax benefit if you expect paper losses from the property.

@Bryn Chatterton screening applicants will be SUPER important.This is a copy-paste from our website, so ignore some of the specifics.Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

Unfortunately, others are involved, so we'll just write off the $2k as a loss and continue to provide awareness of Bee Setups.

Food for thought!