Look my problem has been people/groups wasting my time with no money.  

@Shirley MoserI decided awhile back that it doesn’t make sense to have service contracts on rentals.

Also, dynamic pricing could make sense if you're looking to have rent fluctuating.

In the short term, I aim to replace my monthly income from my current entry-level job, I dont make a ton of money so this shouldn't be too difficult.

You would need to make this clear to your potential guests when you advertise the rental.• Have no more than three bedrooms at the property, which would include the homeowner’s bedroom.• Be located at least 660 feet from any other short-term residential rental, as well as 2,500 feet from a resort hotel.• Be in a zoning area that allows short-term residential rentals.• Have written permission from your Homeowners Association (HOA), if applicable.

For more clarity I’m just starting out and haven’t invested into anything yet but just want a clearer idea of what makes the most sense.

Purchase price: $105,000 Cash invested: $10,000 Sale price: $210,000 While in college, I had enough money saved to put 3% down on a property and make some small improvements.

Yet I have found my first investment property that I am willing to make an offer on. 

I plan to cash out refinance my primary residence and use that money to invest in my first property.

I am young and have a really big business mindset and willing to work hard and do what I need to make it happen.Thank you!