A dangerous line of thinking.I don't have the right answer, and I think there are a lot of complicated variables to consider - not the least of which are the likelihood of the insurance company going bankrupt and of politicians pouring money on "victims" who don't have insurance.I keep thinking about whether to buy it for my home, but I still haven't.

Thanks for sharing @Anton IvanovI have great respect for people with passion, goals and "right" mindset.Your post demonstrate perfectly what can one achieve even with many unknown variables (remote markets, using teams over self-work).I have much to learn and your post gave some great ideas and especially ambition to pursue my REI goals.Have a great day,Benny

Also sounds like you're quite handy if you're doing most of the work on these new builds yourself, at which point, if time was the unattractive variable to doing another new build, you could do a flip in your local market and only have 2-3 months of work vs 9 for a new build.

The only variable in my control is vetting tenants well enough and picking good ones.The property is a great home, but the cashflow math makes me question whether it's a good rental or not.

I recommend you do this annually to adjust for utility increases and other variables.

Determining whether to do a cost segregation study or not has a lot variables. 

I ask because I've been told that disabling the instant book feature buries your listing in the search results, but have also been told if you leave the instant book feature on you could end up with long stretches (i.e. 2-3 weeks) of vacancy in between Medium term tenants so I'm just curious about best practices to balance these variables. 

Take into account variables like property taxes, rental income, appreciation, and continuing costs.

Market rents are pretty consistent within the city limits but can be variable in some of the surrounding neighborhoods and suburbs.

Expect to pay closer to $10k and even more depending on variables such as do you know your terms.