This rule is roughly patterned after the ratios used when qualifying for a mortgage.To that end, I employ a SECOND RULE.

While I am fine dropping $40-$70k as down payment, I find myself stuck in "holding pattern" wondering what is next or do I have to wait for another $40-70k to accumulate.

I’m noticing a pattern in Denver where new STR competition shows up in waves, and by the time it’s obvious on Airbnb, the underwriting window is already gone.  

I’m noticing a pattern in Austin where new STR competition shows up in waves, and by the time it’s obvious on Airbnb, the underwriting window is already gone.  

Quote from @Marc Winter: After just finishing my home inspection recertification, I plugged your question into the system, heres what it said:Most likely cause: Differential movement + thermal expansionThis type of crack is commonly caused by one or more of:Thermal expansion/contraction of a long brick wall (brick expands more than people realize)Lack of control joints in the masonryMinor differential settlement between structural elements (floor line, lintel, or bond beam)Possible interaction with a floor diaphragm or window header lineHow I’d classify itCategory: Non-structural / serviceability crackSeverity: Low to moderateRisk: Usually cosmetic unless it continues to growWhat would confirm thisCrack aligns near a floor levelNo stepped “stair-step” patternNo widening at one endInterior walls at same level may show hairline cracksThe stepped / jagged, diagonal through mortar jointsWhat it looks likeStair-step pattern following mortar jointsChanges direction vertically and horizontallyLocalized area rather than full-lengthSome patched/effloresced areas nearby⚠️ Most likely cause: Foundation movement (settlement or heave)This pattern is classic for:Differential foundation settlementSoil shrink/swell (expansive clay, poor drainage)Localized footing movement (corner or bearing point)The stair-step pattern forms because masonry is weakest at mortar joints, so stress releases there.How I’d classify itCategory: Structural movement crackSeverity: Moderate (possibly increasing)Risk: Needs monitoring; may require repair beyond cosmeticWhat would raise concernCrack width > ~⅛ inchNoticeable brick displacement (one side proud)Interior drywall cracks aligning with this locationDoors/windows near this area sticking🧠 Why these two cracks have different causes (important)Even though they’re on the same wall:1. global wall movement (temperature / restraint)2.  

This data provides an external reality check.​Red Flags That Should Stop Your Investment ImmediatelyCertain patterns indicate that the pro forma is unreliable:No sensitivity analysis provided.

The pattern isn’t coastal hype.

Two consecutive late months is a pattern forming, even if intentions are good.5.

They do lessen your fees.  

For me, I want to lessen my dependency on the OTAs.