It depends on Johnny's tax rate, and how much employment income he already has. 

Otherwise it's just another stream of income like a job. 

Ty Rick, I figured this is what most that rely on RE as a core income & have a team to care for are doing to keep the machine running.

Hello Storage Facility Owners and Operators,I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand that, on average, total expenses for a well-run facility should equate to about 35% of the Gross Income.

In case of foreclosure a Judicial foreclosure is required. 12 months seasoning is required for seller to get 75% credit for note income.

I’m thinking my split on a 20% fee of owner’s STR rental income would be 75% + a finder’s fee for new clients of $1000 or 1% of first year’s 20% rental fee (whichever is greater) + 90% of the $1500 listing setup fee which covers all the work of creating the listing, coordinating the photography, on-boarding to channel management and dynamic pricing software + referral fees on rental properties that go to list.

Furthermore, I'll happily introduce you to STR management companies in Atlanta if you're interested, but as we all know, this will cut your monthly income. 

Utilize the DSCR program 30 year fixed no income no doc .

How does a rental income of 1% of the purchase price equate to the property being a good investment? 

I have asked you before but your DSCR loans require a personal guarantee and are recourse correct?