Thank you for the encouraging advice, you have me reflecting on something that has been in the back of my mind for years. 

The down payment for of $86,323 was reflective of the performance numbers, not the purchase price of $1.175 million. 

Put another way (and part of the reason I'm asking), AirDNA is showing at least 70% occupancy for most properties but I think this is reflecting all booking sources -AirBNB, VRBO, even the property's on-prem property management company would show up here?

most of Troy south of ferry st (including washington park) is in a flood zone my lender required a minimum 250k policy on the property although I bought the property for much less ($3500 per year expense) and is or at least was reflected in depressed prices in those neighborhoods 

I think this is a panic sell off and not reflective of the actual situation.

Otherwise, the furnace blows nonstop, and the smart thermostat doesn't seem to reflect the colder temps around the house.Having just bought the house not expecting to make a major capital expenditure right away (everything else is in good shape), the insulation blew my nascent Capex budget.

I plan to increase rent by 5% and would like to reflect that in the letter.Any other information you think I should hear about and share in the letter will be greatly appreciated.

Also, the rising cost of insurance here is reflected in rising HOA costs AND in special assessments.Respectfully, the people from other states weighing in on FL condo fees and bills are a little off-base here.

Say he made a very good 6 figure income and is reflected on his taxes, do you really need to see his bank account?

If you pull a high percentage of your home equity line(s) it will reflect on your debt to income ratio in a way that is similar to having credit cards charged up.