This actually is the exact treatment I have in my primary residence and it has held up just fine for the last 6 years I've lived here.For a luxury build I will do similar to what Kevin suggested.

There is a reason why many Mom and Pop investors only get a handful of rentals and then end up selling.YUP this is just landlording one oh one.. tax write offs are depreciation everyone gets that tax treatment.. . sounds like one bad tenant.. it happens no matter who sourced the property.  

Like I said, this is Purgatory and you may never leave.RENT: If A property manager finds you your tenant they usually take the first month's rent and then 8% - 10% of the rent there after and then, you have the tenants problem of poor treatment of the house you just finished and then you'll see that your PM won't be as attentive as you want and then when they do go to the property they will charge you the handyman fees for changing this and that. 

I got reports from two different pest control companies indicating zero bed bugs were present and I also had invoices showing monthly treatments and inspections (including one two days prior to his arrival and it was vacant until he checked in).

Your math is mostly right, but there are a few things that might help make this work.VA loan treatment of rental income – Some lenders will exclude your current VA loan payment from your DTI if you have a signed lease in place.

@Tom Rairdon If you’ve owned your short-term rental (STR) for over a year, it likely qualifies for long-term capital gains (LTCG) treatment, taxed at lower rates (0%-20%) compared to your 33% ordinary income bracket.

Ivermectin and Fenbendazole treat Covid better than the other treatments but cost only $20 so, a fraction of the pharmaceutical costs.

And you need a good plumber in speed dial, know enough to troubleshoot issues over the phone before you call that plumber and also provide enough business to that plumber, so you get a good rate and priority treatment.

Recharacterize part of the sale—potentially changing capital gains treatment (talk to a CPA)Usually it is something like this- Short-term (0-3 years): 5%, Mid-term (3-9 years): 4.5%, Long-term (9+ years): 4.2%I also watch Pace Morby and this here are a few things he does or I think he does: Price Adjustment: Sellers increase the sales price instead of charging interest.

It's a high desire area for people to live, but the sewer treatment facility is at max capacity.