If these are even an average sized breed they can eat through a lot of food in a day/week/month.So the first thing is to get yourself financially stable.

Eats up time and money getting rid of a bad tenant (not to mention possible property damage). 

Because if you think about it if it appreciates 400k over 15 years that's a long way off of eating 9k in cash flow.

It can eat into your cash flow, but if you're earning high income from your W-2 job (I assume you are if you're buying in all cash), it makes more sense to use your time making more income versus managing maintenance requests as you scale. 

The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.  

A lot of investors find that expenses like repairs, vacancies, and capital improvements can eat into their margins, especially early on.

A couple months of vacancy, a soft rental economy, or a major expense could eat up your equity.

I’m eating breakfast and adding thoughts as they pop in my head. 

How do you eat an elephant?

Otherwise, the DST fees eat up the tax Ruthie- Yes they are in control for when the property is sold.