On the flip side, when your Uber driver is excited telling you about the stocks he just bought, it's probably time to get out.Theoretically, everyone understands this concept, but the real-world application is a different story.

Unlike my market, there will be STRs that do not have the same negative item.  

Bad debt will most likely lead to a net negative outcome for you and an overall drain on you (credit card debt, loans for luxury items or depreciating assets). 

No need for that in any kind of business, especially Real Estate.Some people just naturally run on fear and negativity.....realize this and treat them kindly.

By paying all cash upfront, all you are doing is paying ALL your negative CF upfront. 

You show a negative $328/month on $2200 rent.

Quote from @Stephanie Walker: Homads posted this in a Facebook group I’m in and I LOVE the concept, though as an MTR property management company,  I find the numbers (in my market) tremendously low.

I read a book once that introduced me to the concept of life-style design and that was eye opening.

I had the same concept as you.

This is the first i have heard of this concept.