Work backwards from your $300,000 annual target to monthly say $25,000 per month.  

. - Minimum work history: 1 year (please provide references and pay stubs for the past 3 months; if self-employed we can discuss alternatives to paystubs)

In addition to a voucher, we require that the tenant be able to show income at least 1.5 time the monthly rent, as opposed to our regular tenants who must show 3.5 time monthly rent.

You will build up cash on a monthly basis that could be used to invest other places either rental properties or the stock market. 

And the downstairs tenant will move out next month. 

You can have the most beautiful kitchen, floors, and an overall great rehab, if sales are declining in the area or properties with similar rehabs are sitting on the market for several months, the appraiser will cut your value. 

We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.

Is that why you’re leaning toward renting, even with a $1K/month loss?

There is a local Bigger Pockets meetup the second Wednesday of every month.

Dec/Jan are peak STR months.