Maybe works if you plan to self manage, but if you are hiring a PM, turnover costs for this type of model would kill all your cash flow if the PM is charging a full month's rent for each turn.I would also imagine this is partially a result of municipalities cracking down on STR's more frequently. 

Or are closing dates frequently un-met?

A lot of directions this post can go...What is your target audience?

Anyway, in an upcoming episode we want to answer questions from the audience.

Here’s a list of items that are frequently overlooked by business owners:Furniture for the office:ChairDeskBookcasePrinter tableComputer hutchAn easy chair or sofa to read technical documents or take a breakPaint for the new officeCell phoneCarpet or a rug for the officeInternetTechnology for the business used in the new office:MonitorsComputerMouseKeyboardScannerPrinterComputer cablesSwitches and routersOffice suppliesPeripheral equipmentToner and ink cartridgesPaperDecorates, draperies, wall hangings used in the officeFramed artwork or diplomasObjects of inspiration or artSound system if music makes you peaceful or inspires youAre you currently using the home deduction for your real estate business?

One question that I get asked frequently is how do I find work life balance?

Know who your audience is, if you are in a great school district chances are you will get high quality tenants applying 

IF it is an airbnb/vrbo, you will need a cleaning service and likely more frequent check ins, but the potential for profit is higher, especially if you are near the beaches.

I frequently use Linkedin to vet how seriously I should take an argument. 

I just think it reduces a lot of headaches to buy perhaps where you live, or have lived and know the area well....when you are on property 10, then if you want to venture outside your comfort zone, take a chance.Pretty frequently I have out of town investors call me about certain places they see and they think are cheap deals.....when they find out the real details, then they're less excited.