Once that amount is adjusted you'll have a loan payment updated based off of the rate and terms of the loan. 2) In you long-term expense estimates I don't see any assumptions for property management (7-10%), repairs/maintenance (7-10%), and vacancy (5%) so I would re-run your estimates based off of new expenses.

This is potentially going to be my first deal so I apologies in advance if my info and idea isn't as succinct as it could be.My wife's family is in Louisiana and looking to sell 6 rental homes as they are moving out of town and do not want to keep them as they were self managing.

Maybe go to work for a Property Management company. 

I'd suggest you also contact local property management companies as they may know people who are looking to buy places.

I think I have figured out why we do not qualify for the STR loophole and why my accountant keeps saying we would not get any money back if we front-end depreciated the home: I have a property management company in place. 

Hello, I am evaluating an Air BnB Property Management company that I was considering acquiring in Los Angeles.

I think that’s the going market rate per room and that’s why most property managers and landlords rather have a 12 mos contract so that there’s less vacancy and showings.

If you need any property management advice, I'm here to help! 

Different managers are better for certain neighborhoods @Sean Haran

Looking to buy a property management company in King County or learn from those who have experience with this type of transaction as a way to grow their real estate management business.