This gives you a more accurate view of the property's true cash flow and performance without relying on a large down payment to "force" good numbers.This is exactly what we do — help investors like you evaluate deals to ensure responsible purchases that lead to portfolio growth.

Stats are all over the place.I will say that I think ours are more accurate due to the limited number of STRs in our area.

This combined with my new boss giving me additional responsibilities (how dare he...) and the support of my wife prompted me to take the plunge. 

As for insurance and all that, most of what you're hearing is media noise and really not accurate/blown out of proportion. 

Dan, I appreciate the thoughtful response, many things to consider and certainly a lot of great information.For the expenses, yes at 33% I would agree it is a little thin.You bring up some great points as it relates to opportunity cost and the payback period with a large down payment.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Jerryll's team is very responsive and extremely helpful.

.), and you've made your House Rules clear, then don't sweat the small stuff.By that, I mean- you'll have guests who have 5-star ratings but can still leave a mess or damage (other owners didn't report accurately or it was complicated) but you have recourse via photo evidence (your cleaners, etc.) to ask for reimbursement (or use something like AirCover, etc.).

I have found that most have had a positive response to having section 8 tenants.

@Chizitem Ibeneme Call local property managers in the areas you're considering for the most accurate info on rental rates.