However the basic fundamentals of being a "good" landlord is what crosses over and is important no matter if you are room renting, multi-fam or commercial landlording.Good luck Harry! 

Do basement bedrooms "count" the same as a main floor bedroom?

I wouldn't count on the lost generation to do much.  

That way I could ride the AirBnB train while it lasts, for however long it lasts, partying and counting money the whole way, but have a proven long-term strategy that will continue to work if/when AirBnB blows up on me.

Don't count on things happening soon, anything tax related is through Congress.

If I sold and had the equity balance in a market investment that would return, say 4 to 8% a year, I would need net positive cash flow of $0-200 per month to achieve the same return renting it, if I do count the ~220/month of principle that would still be going in.Dunno yet, the more I look, the more it looks like a wash all the way around.I'll check out that calculator, thanks!

DTI lower than high 30% range3.  2X liquidityFor item 2 our banker claimed that they'd only count 25% - 50% of rental income for the "I" (denominator) in the DTI calculation.  

It's Irvington so count on tax hikes, little or no appreciation, and lots of CapEx.

There is much less competition for deals in smaller markets but you can't count on appreciation.  

Can this learning process be counted towards my 750 hours that I need to log for the year to be considered an REPro?