*As a side note, I think maybe it would be fun also to try and identify where new technology or machine-learning driven approaches could increase efficiency in the spaceAs for my financial situation, personally, I have around 50k saved but 20k of it is tied up in assets I don't want to pay capital gains tax on.

But now you are opening yourself up to a possible increase in your rate, as it is adjustable and can go up.

You are already paying rent, so pay it to yourself to increase cash flow and accelerate savings for the next investment. 

I do have folks that don't book because of that.That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.Like @John Underwood, our place isn't cheap so we don't get the folks that destroy places.The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever.

Follow up with an email to the agent and bullet point your case, which increases the chance that the owner will actually hear them7.)

Purchase price: $169,000 Cash invested: $33,800 Property was recently renovated to increase the value of the property and the cashflow What made you interested in investing in this type of deal?

Leverage is a big factor in real estate investing, as investors can control large assets with relatively small down payments, increasing their potential returns (and risks).6.

I would want to make improvements to all units and increase the rent to market value when the renovations are completed.

While rates may not decrease, the significant double-digit increases should level off.

It even states that the lease “will repeat itself” but doesn’t specify terms like figures or percentages for rent increases.