I believe that POH homes though inconvenient can be managed effectively if the market conditions are correct. 

The ripple effects of global events and economic policies reverberate through our region, influencing interest rates, inflation, and housing affordability.

Build credit history and savings for down payment and closing costs.

Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.

Another option is to raise private money loans for the downpayment and set-up costs of a STR.Above all I would make sure the neighborhood can support two STR.

-What makes up a Home’s Costs?

Pros I can think of: - higher rent rates (renting by the room) - saving cost and time on upgrade - easier advertising Cons I can think of: - high turnovers  - limited screening - possible wear and tear  

I could probably rent it for $750-$1000 per month over what the standard monthly costs are right now (not including vacancy, maintenance, management company, etc).

Your difficulty and cost will be based on many factors.

So, does anybody know any resources that I can use to send mail at lower costs?