As I'm sure most of you know, a long-term rental is simple since the only recurring expense I own is the mortgage, whereas with a STR I'll own the mortgage, internet, utilities, furnishings, cleaning fees, etc. which just makes my projections a bit foggier.I'm looking for feedback on the below expenses and wondering what else I should be thinking about, that I don't currently have listed.

I literally just downloaded this for audio last weekend.

It was very difficult for us to find a bank to refinance the deal and also difficult for us to procure a buyer for the condos we didn't want.The cap rates typically traded higher than a simple ownership interest. 

☝️Don't be cringy...That's literally what an attorney said on a recent REI Zoom.

Maybe they give up partial interest in the property or convince a family or friend to help them because otherwise they will literally lose the property.  

Hi @Colt PriceThe simple answer would to be lease the land to farmers and let their cattle roam on the land.

They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

I'm going to reduce my rent by $100 as this ratio seems abysmal (quite literally a 0% ratio in view-to-application). 

So you are literally losing one month’s interest.