The hours are erratic, it's all commission based and I'd say it takes about 20k to get started depending on the market.

Based on what my mortgage broker told me a couple of days ago, these rates are in the low 7%'s, whereas the secondary home loan is low 6's.

(If you have not already) read enough books on real estate to increase your knowledge base.

Also if this property is on septic that also can throw a wrench into the ability to call a space "a bedroom" as septic systems are sized and permitted based on the bedrooms.

Hi Everyone, I work for a investor focused Real Estate Team (Morrow Wargo Group) based around Allentown.

Without doing a deep dive explanation on this forum, I will say that everyone can play with numbers to create whatever picture you want.

Any marketing should always be based on the information provided by sellers in a deal. 

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

And that is really saying something because I invested a tremendous amount of myself and time into my small business and learning to play guitar and my personal recovery and growth as a person.

The STR part plays no part in the valuation like @Patricia Andriolo-Bull said.I agree that 20% is pretty fair, but you could self manage it once you get things in order.