Whereas if you can swing a break even/negative cash flow in the short term, the higher end areas can be great wealth builders in the long term.

Even with 20% down on a 4-500k house you can earn 15% or more plus appreciation and depreciation.With multifamily or mixed use even more.I hate to be negative but this deal is ok if you own $100m of real estate already and can afford the risk, not for someone starting out or even mid level, including myself.

I wouldn’t invest in a negative cash flow situation though

So If I'm all in at $84k and I only get $84k out, is that a good deal?

There are so many positives that FAR outweigh any of the perceived negatives. 

Sorry for the “negative” post.

It wasn't just the depreciation, it is mainly that I had 2 weeks of revenue showing a monthly loss for rent when split over 12 months, with 12 months of PITI which ends up being a large negative (even though I didn't pay 12 months of PITI).

So far I only have my house that I purchased in 2018.

Does anyone have any positive/negative feedback they can share about Turnoverbnb?

Does anyone have any positive/negative feedback they can share about Turnoverbnb?