@Dave Foster thank you very much for your expertise, Dave.

While I applaud you for your effort and creativity and the work you've done thinking about the numbers and wrestling with how they interact will most certainly serve you well in your investing this "rule" doesn't have a lot of applicability. 

@Dave Foster thank you

@Kaiden Foster don't listen to that guy.

Learn more about it wherever you currently hold your portfolio, and then you also might look at Interactive Brokers, which has interest rates in the low 1.00s for portfolios of your size.  

I have a handyman, a cleaning crew, automated messaging and reviews, customer interaction, etc.  20% is a huge expense on any income stream for any business.If you are asking if you could use a STR management company and still see cashflow...yes, depending on your location. 

Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.

Looking forward to more interactions.

This is good practice because the majority of the population knows little to nothing about real estate transactions and it is easy to get tuned out or disregarded if you come off as an information fountain in your interactions.

I can easily get a loan and have liquidity, or could do something else that accomplishes the goal.Example of timing & funds:RLN1 Settlement Sells @ $150K, Net @ $125K & Clock Starts Identify RPL1 <45days @ $200K, with settlement pushed 30-45+days out, plus $30K rehab    EMD with personal funds with "Return of earnest money" @ settlement    (Thanks @Dave Foster for 1031 Exchange reimbursement of previously paid EMD/DD) If RLN2 sells within 45days, then ID the same RPL1, otherwise get a Loan or other strategy*When RLN2, 3… settles, use the proceeds to pay off RPL1 loan.Other timing considerations?