Cash on Cash - this is your cash flow divided by the initial cash invested (downpayment, repairs, closing costs, etc.) c.

The monthly income offsets our closing costs and the refinance brings back 100% of our initial capital.

When initially I was intending to put down 10k, I'm not sure I even want to be part of this deal, GC Capital, or any syndicator in the future.Forgive me for the rant, but what really irked me was: the lack of any concrete financial details at all.

Initially I was looking buy a 4plex and rent the units out.

The initial idea would be to buy a single family, maybe a duplex, and start house hacking, saving a bit more, learning the ropes, and eventually if things work and prices go up, get it refinanced and buy another property with that money?.

To give you more insight, I recommend holding simply do to the fact that Cobb County has no initiatives or plans of builiding new apartment complexes.

I don't mean to be completely negative, "change for the better" is always a tough sell initially.

We plan to initially have them sign a month-to-month lease with us. 

Saves me cleaning time and keeps me from having to nasty initial cleaning of someone elses toliet and fridge.

A couple of days later, I saw that the 2 days we initially booked and canceled, were rebooked by someone else.I then contacted AirBNB asking if they would issue a full refund since the host is not out any money.AirBNB inquired with the host, and informed us he is refusing to issue a refund.I’m all for fairness, and wouldn’t have asked for a refund if the rental stayed vacant, however, it wasn’t and personally, I wouldn’t feel comfortable keeping someone’s money if I wasn’t out anything.I’m wondering if I’m right in feeling that a refund is adequate or am I completely off.Thanks I’m advance.