All things being equal, the chances of failure and/or burnout are higher with a STR than a LTR or LTR house hack.

So the amount your spending on repairs mostly likely wont equate necessarily to a direct loss of equal amount. 

All other variables being equal, would you prefer to purchase a longer term over the higher P&I?

The tenants are each paying $750 which equals $1,500 ($500 “Cash flow”) Everything seems great, what else should I be looking out for on the property before moving forward.

Any of which equals a turn of a property & a short vacancy.  

Low price is going to equal higher rates.

Home sells for 300k...Ok, so do I receiveA. 25% of my initial investment which was (50k) equaling $12,500+ $50,000 (initial investment)= $62,500 ?

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

@Lauren B. the only way I could imagine you (as you describe your situation and investing approach) might be leaving money on the table is if all of the following were true:There is a rental property you can buy in an Opportunity ZoneYou can buy it with capital gains (eg. you sell an appreciated asset, then use the cash to buy the property)You then invest additional cash from capital gains into the property at least equal to the prior building value (this is a BIG hurdle - multifamily residential buildings don't warrant this level of rehab investment)You plan to hold and operate the property for 10+ yearsYou do all of the above under the umbrella of a Qualified Opportunity Zone Fund, which you setup and manage (with the help of a qualified attorney and CPA)As you are discovering, making all of these things true is not really feasible for you.

The setup this guy did was that as he was pooling together from other investors, he would include in the total pool an amount equal to my current salary/benefits/bonus/etc to pay me (as a way to convince me to leave my job).