I clean all shared areas of the home, cook occasional meals for guests, lawncare, maintenance, and shop for them (consistently provide milk, bread, basics etc)?

I’m in the camp of maximize cash flow today.

Sounds like it would depend on how much the value increases by as you'd need to consider the equity and cash flow you'd make.

To me this makes sense because a one bedroom can host 1-2 people easily with a competitive ADR and cleaning fee, while 4+ beds can host multiple families and split up a higher ADR between more adults. 2 bedrooms can be price competitive with 1 bedrooms and attract the same guest avatar plus small families or 2 couples. 

If so, take photos of the place before you clean it and send a bill to the last known address including any cleaning costs and unpaid rent. 

Not looking to game the system and using the property for ourselves is part of the plan as it's where we normally vacation anyway, so considering that the 10% down payment is much more appealing if we are able to balance out the rules and keep the cash flow positive. 

Thanks JD, yeah I’m perfectly fine keeping money in the deal, I’d need about $50-$75k out of this deal so I can still keep a solid cash flow spread so not sure if I’ll even keep going down this road

Review the seller’s maintenance records to identify any existing issues or potential problems.Do your financial analysis to factor in the current rent, estimated vacancy rate, maintenance costs, property taxes, and insurance to determine the property's projected cash flow.

If I assume 15% mgt fee and $150 for all utilities, that leaves me with $320/month cash flow, which I will pay full taxes on since I can't deduct anything else. 

How much does the school bring in, positive cash flow.