@Scott E. thank you very much for the insight.

The last 3 first time homebuyers i have sold to were b r o k e BROKE no savings 100% financed average jobs.

You might have a strong income that helps you qualify for more than what @Scott E., but it won't help much if you don't know what kind of numbers you're targeting. 

Vet all potential guests over e-mail, the exception I make is the Airbb guests with very high reviews, in that case I let them instant book.

https://www.chicago.gov/city/e...

I am currently stable enough to do that but thank you for suggested percentages , they are more specific to the area.Regarding your last point and I welcome thoughts here as well. the property currently already has equity in it and a decent amount.

And the best part is, th  e y nevvver, (I'll have to finish this later, my battery issss going de......

Originally posted by @Randy E.

@Rhonda E.

@Shawn McCoy the standard deviation on R/E IRR is much tighter than PE because the underlying asset (real property) is more stable in value than a business enterprise undergoing the PE value add.