If it comes in at 8 I credit back and if it comes in at 12 I will bill additional.

There are many things that could be overlooked as part of the renovation on fire-damaged properties.As far as additional things to consider in the rehab: The challenge with fire damaged properties is that there is more than meets the eye.

With this $50k I could finance one additional property. 

This accelerates depreciation leading to additional tax savings and cash flow.Historically, a cost segregation study has been a very manual process completed by tax experts and specialized engineers.

My first few deals will be smaller and possibly second position. 

If you are new to buying at trustee sales I recommend studying a bit and learning how to conduct due diligence with regard to lien position, IRS liens, property taxes, title issues etc.

Your cleaner is your lifeline, and even an additional $50/mo to them is a good gesture I've seen workout nicely before.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

Additionally, our agreement allows us an additional 60 days in case title is not clear on the day of closing.

Don't underestimate any of these variables in order to grow on AIRBNB- Research the market- Present the property attractively- Establish Clear Policies and Effective Communication- Keep the property clean- Know the local laws and regulations related to short term rentals.Remember that success on Airbnb is often based on attention to detail and providing guests with a positive and memorable experience.Did you find this information helpful?