The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.

I personally want to learn from those with experience.

I’ve personally received a plethora of value from the BP podcasts as well as the connections I’ve made through BP.

Myself personally I'm invested in Buffalo and NYC, but that's because it made sense for *me*. 

In my personal experiences a lot of structural items start with bad drainage.

I contacted the bank and they told me the person needs to go through the regular qualifying process such as income, credit core, employment history, etc.

I'd personally sell the townhouse (doesn't sound like it cashflows or would make a good rental property) - you may have no capital gains if you have lived in it the past 2 out of 5 years - I believe the first 250k for single filers is exempt from taxes and the first 500k for married couples.

Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.

Personally, I like to use Notion for this type of task, but I'm sure there will be others on here that will recommend Monday.com, ClickUp, or Asana.

. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.