The era of "everything prints money on Airbnb" is LONG GONE! 

Mistakes I see people make is they plan on living there a short time and over renovate the property where they will never get the money they put into it back. 

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

They loved it because they got some play money right away and steady income each month without having to deal with toilets and tenants.

Can't say I enjoy real estate, but enjoy what the money allows me to do :)

Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.

When you get a call from mulitple tenants that the toilet is clogged and you have to unclog it, try getting your money back.

Or, you could buy a generic condo in Orlando, put crap furniture in it with bad photos and lose a lot of money...

I am curious if you had to invest any of your own money in the form of equity or to pay for some of the remodeling.