However, they do have an app for cleaning and maintenance which integrates reservations and can incorporate checklists and work orders etc. 

Overleveraging is a problem IF you have nothing in cash reserves. 

In summary, the trade off for lower cash flow can be a group that operates more conservatively with a low LTV ratio, ample cash reserves per door, underwriting to rising cap rates, and 40%+ of return deriving from NOI, all of which will mitigate the effect of a downturn on your total return. 

Aside from monthly repair expense reserves and mortgage, I'd like to remainder of funds to until I snowball the total amount and life of the loan adding my disposable income to payments when they become available.

We first processed her reservation through booking.com and eventually handled the extension directly.

I can be 5 steps away from the property or 5,000mi away and set up codes seamlessly within 5mins for last minute reservations.

They might even have a low cost of entry but a much higher reserve fund need.

Of course there are other key factors such as cash reserves,  REI strategy,  patience and hustle (this list can go on and on).  

You also have no reserve for big ticket items like roof and ac and etc.

Rent where you live so you can build up your reserves and then use them to purchase Real Estate investments.