The thing to be sure about with the MTR model is that you account for ALL costs; i.e. furniture depreciates quite rapidly, and turnover creates a lot more repairs and maintenance costs.  

Out of every year, the money weighted chance of needing to tap into my reserve is probably 0.5 month.

Weight the cost of 1yr vs paying the penalty if the PM tries to come after you for breach of contract.

This year is likely to be above 6%Rents increasing rapidly. 4.5% last year, and we expect it to be higher this year due to the inventory shortage.Landlord insurance on a $300,000 property is about $450/Yr.In summary, Las Vegas is a good market for investors today and should remain so for the foreseeable future.

Give me some advance notice so I can lose some weight and get a haircut before I go on.  

My STR market recently implemented a weighted lottery to implement an .

Also realize that the underlying reason places put in rent control is because rents are very high and increase rapidly, so while I am no fan of rent control, I am a big fan of the underlying market conditions that cause it to come into being.

We are seeing a large influx of buyers from California and Illinois with cash purchases (often without appraisals) which has caused prices to rise rapidly over the past few years.  

Unless it for some reason carries weight to you, wouldn't waste my time.

The 15yr plan pays off the loan rapidly by using mostly "today" dollars because the loan gets paid down rapidly, where as the 30yr loan uses more "tomorrow" dollars which have less relative value.