I think it’s a great career to get into, unfortunately that BS barrier to entry keeps most folks out.

Did you keep the buyers earnest money deposit? 

Keep in mind you can always sell it down the line if you want to.  

Keep it simple. 

One thing I haven't done that I really need to do is put together a business plan, even a rough draft would be good to keep things in perspective and measure progress against.Hope everyone has a wonderful rest of the week!

Even in high traffic cities it can be tricky to keep occupancy over 85%, so you would have to be very competitive with your property to hit the 60% mark in my opinion where seasonality is so strong. 

Third, develop a property management model and plan to keep expenses low and revenue high. 

Pricing and rates change constantly so if you are seeking cash out of a rental property you can entertain a second DSCR equity loan up to 70CLTV to keep your first in place or take a look at a full new cash-out option.

Best of luck and keep us posted!

@Vasudev Kirs many newbie investors aren't keeping up on the latest real estate trends.See below graph showing Days On Market (DOM) are up 36% in the last two years!