With a typical LTR property @ 7% cap rate someone would need to buy with either cash for about 7M to get $500,000 cash flow or it's equivalent of equity if leveraged? 

Or, commercial airline pilots who have either paid a fortune for aviation training from primary, multi-engine and transition to heavy jet type ratings or served in the military and gave up many years of their lives to serve their county.For a great discussion on the value-for-value read Robert J.

I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan criteria become more unfavorable (variable rates, stricter credit score requirements etc.).

What kind of nightly rates, occupancy and amenities you can expect.

The “hype” hasn't even started yet (Kobeissi).Today’s Interest Rate: 7.16%(☝️ .02% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are slightly higher again this week, to 7.16%.

Despite the possibility of higher interest rates, they can have more accommodating qualifying requirements.If you currently own homes with a sizable amount of equity, you may be able to get funds for your down payment through a cash-out refinancing or a home equity line of credit (HELOC).

Short term capital gains is your ordinary income tax rate and long-term capital gains where you hold the property a year or longer is considered long-term capital gains is in as taxed a lower rate.  

Certainly not at affordable rates. 

@Jonathan Tavarez may I ask which property management company you use and what your experience and rate are with them?

The benefits of buying a primary or first time homebuyers is that rates are typically lower than investments because the governments incentives to buy houses even for 2-4units now.