I have a complicated and overly simple Pro Forma template but would love to find one mid ground that would work for small multi family 10-30 units ish. 

3 different 28 leases may not be much protection if they don't leave between 28 day stays.Just have a LTR lease that is attorney approved to protect you.I would get payment upfront for stay also along with adequate damage deposit unless you think Airbnb will really protect you?

There's nothing wrong with "going big," so please don't let me discourage you, but- I find that mindset keeps people from taking reasonable, simple steps towards financial freedom because they can't grow as quickly as they think they should. 

We stock supplies in the owners closet for the whole season and on units that do not have adequate space we buy a large locker and keep it in the master closet locked for cleaners.  

It's best to discuss your specific situation with an insurance agent to ensure you have adequate protection.

If the garage is not built to support the weight of additional floors or is not adequately reinforced, it may not be suitable for conversion.3.

OPTION 1: OPTION 2: When Seller Uses RE Agent & You're Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Pro: Doesn't require specialized knowledge Pro: Little competition "Adequate" cash flow - Nothing Exciting Can be little $ down You get appreciation if property goes up Can do Unlimited number Can Get Started Much Sooner Get down payment (Cash $$) back immediately Great Cash Flow No Bank Approval Needed No Maintenance or Repairs Con: Have To Have $45,000 Cash for Down Payment Con: Have To Have $15,000 Cash For Reserves (just in Case) Have To Have $15,000 Cash for Closing & Carrying Costs Due on Sale Clause Have to Get Bank Approval Must learn the technique Can only do 4 -10 properties depending on bank Competing with everyone else Requires 20% Down & other requirements If AC breaks - you fix it If roof needs replacing - you pay for it If toilet clogs - it's on you If house gets trashed - you un-trash it You take loss if property goes down in Value Tenant Can Trash The House When Seller Uses RE Agent & Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Asking Price MLS $225,000 $225,000 Balanced Owed $223,969 $223,969 RE Agent 6% $13,500 $0 No Agent Involved Seller Brings to Closing ($12,469) $0 So No fees Asking Above ARV $0 $0 Seller Walking Money $0 $0 Sometimes Walking Money If I Use ConventionalFinancing If I UseSubject To Asking Price MLS $225,000 $225,000 Amount Down - 20% $45,000 $100 (I Give $100 Down) New Loan Amount $180,000 $223,969 I Take Over Loan Title Report $600 $600 Closing Costs $1,250 $1,250 Monthly Payment $1,151 $1,225 I Take Over Existing Payment

Retirement is adequately funded (I contribute 17%, wife has pension).I had about $225k in brokerage, but sold it down to its current $60k to fund an addition on my house, which recently completed. 

Household furniture must be positioned and/or elevated to allow adequate air flow underneath and between furnishings and adjacent walls.

Where applicable, shower curtains should be in place, and of adequate length.