Loan Highlights:🏡 Smart Financing: Successfully included $31,000 in back taxes into the loan, optimizing our financial strategy.🔐 Legal Enhancements: Revised operating agreements and leases for a solid foundation.💡 Creative Fund Sourcing: Innovatively secured an extra $40,000 reserve, ensuring financial resilience.

Only one of those factors - rent growth or decline, is highlighted in the data set Justin posted here.

Let me point out some highlights to you.

Avery Carl highlights the difference between "Urban" markets and true vacation markets and the pro's/cons and risks/benefits each poses early on in her book "Short Term Rental, Long Term Wealth"

Appreciate you highlighting the tax implications, too.

I would also highlight that you need to be able to show your participation and substantiate it if necessary.

When you do, their name appears in your post highlighted in blue and biggerpockets sends an email to us and we can know you are talking at us.Secondly, in my post I was warning you that folks would criticize you for your low returns not suggesting you change course. 

I have had other investors ask me about this, so it's good that you brought it up.If we want to talk about jobs in Indiana (specifically Indianapolis), you might also want to reference this article from the Indy Star two days ago about why Indiana is a great tech hub: http://www.indystar.com/story/money/2016/09/09/what-makes-indiana-tech-hub/89962386/It doesn't offer a lot of numbers about specific job growth but it does highlight why businesses find the area so attractive. 

What your formula highlights is lost opportunity cost perhaps but it certainly isn't a number to use for return on investment. 

It might have something to do with my phone too because now your name isn't highlighting either.