However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.

Some investors may use different percentages based on their risk tolerance and market knowledge.

Ive never had a guest before or since successfully book without payment fully clearing their financial method of choice. 

Im a South Shore guy and the market here is nuts right now. 

What has your success been with either/or?  

Are these units worth it, and have you had good success with addressing cigarette smoke odors with ozone?

Hey @Noah Yashinsky, South Florida is more of an appreciating market rather than a cash flow market for long-term rentals.

There are some groups that only have 506(b) offerings and certainly market VERY heavily.  

In most markets that's closer to "A" room paint with trip charges.

If you come across off-market deals and we're still not connected, please shoot me a message.