Focus on the micro while being mindful of the macro and don't get lost in shiny object syndrome.

Other items of note are the fact that taxes are owed in the year of closing for any Depreciation Recapture and Debt Relief even if there has not been a single principle payment.

.: If your primary objective is cashflow, you may want to consider Class B properties.

@Michael Cabaña This May seem obvious, but there isn’t much you can due to affect the objective side of appraisals.

The real objective is to help the customer in a way that works best in their interest.

I think it's pretty obvious to an objective observer that President Trump would be good for the economy, as he has been for the last 3 1/2 years.

Gain an understanding of estimated occupancy/nightly rate, required level of finish to obtain said occupancy and rate, estimate expenses, calculate potential return on investment, decide whether it meets your objectives.

This savings is compounded if the principle is paid down quicker on the HELOC, but that doesn't matter with the amortization schedule of the mortgage. 

It is going straight to the principle which means you are saving whatever interest rate that you have when you pay that.

Once it's done and the property is cash flowing, my objective has been met and I'm pretty much finished.