What investments haven't worked out for you, and why?

[Mitch Davidson]

Hi friends. Most of what we hear is how well some model or approach is working for someone, and often with some hype. What could be really instructional is to hear about what failed for you, and why. For example, my MTR in Asheville has done great for 5 years now, but several of my local friends have tried MTR lately and haven't had success. There are lessons to be learned there, such as property type, size, location, etc. Maybe you tried glamping, flipping, renting by the room, STR, LTR, multi-family, build to rent, you name it, and it failed. Perhaps it's painful to have to explain, but we could all learn from stories of what hasn't worked well for you. And hopefully the comments that members make in response won't be condescending.