We also are investing in the furniture, installing a cooling system & screens (not common in Chile), and some decor pieces since it has to reach our clientele's standards (we normally use hotel properties like Four Seasons, Ritz Carlton, etc.).

The Furniture Company and a local Real Estate Agent put up 6 Black and Yellow or Orange and Yellow ground signs on the weekends.

I know this isn’t sustainable for the long term.

Some are well over $2k, which doesn't seem sustainable.

If all goes well, the cashflow will pay all my utility bills for my primary residence and take the pressure off my W2 to sustain our standard of living.Once the economy seems to stabilize or my risk appetite increases, I can do a cashout refi to 75% LtV and look for another investment.

My son loved it whenever one would move as he would score a new Bose system or TV that they couldn't take back to Europe & we ended up with some nice pieces of furniture they left behind.The corp paid for all maintenance & repairs in fact we were surprised to find the kitchen floor redone with all new high end appliances.

And given our litigious society, you are probably at least as likely to sustain a liability claim as a total property damage loss. 

It's smart to look for growth, but you need to make sure that growth is sustainable over time.Bottom 10 Metros for GMP/capita (lowest first)Riverside, CATucson, AZTampa - St.

If you are looking for something that is a little lower-maintenance, then MTR is a good "middle-ground", where the leases are a little longer than STR, and you will not have to invest as much in changing decor or furniture! 

Left an apartment full of furniture so I got some TV sets, microwaves, dining room chairs out of it.