My preference is to model a 5-7 year hold with a sale in that period, but if I can fulfill the business plan and keep the property, I am going to.

You also have things there that nobody else would ever think of going after, like the LA Department of Administration has leases for campsites down in the Basin that you could essentially follow the vacation rental model to lease to duck hunters over the winter months, and to the fisherman in the spring and summer.

Thank you  Assuming you took sold comps within 1-2 miles, 0-6 months (depending on how hot your market is) of the subject properties.

I live in Charlotte, NC and I keep hearing the market here is hot and only growing larger.

I like passive income sources that are sustainable business models.

We operate all of our units except one so don’t have that issue.I think that’s one of the biggest pitfalls w management model for STR.

I want my "all in" to be 75% of the ARV when it is ready to rent and I want to be able to rent it using the BRRRLO model where I lease option it and make about $200 - $300 per month cash flow.  

It's not a true house hack because they bought it as an investment, but it shows what you can do with the rent-by-the-room/medium-term rental model.)If you can get a house in Denver that cash flows even a little, I'd want to keep it.

Pool, hot tub, dog walk, fitness center, etc... 

A year's worth of medical payments due 30 days after hospitalization).Billionaires don't have to worry about a hot water replacement in January, costing you $800.