And remember if you are spending the cash flow vs using it all to grow, it will take a long time to get anywhere.            

Although, you are providing a lot you have to remember that the broker is legally on the hook for all of the problems.

Remember these are auctions, so there will be experienced people who know how to play the game very well bidding against you.

It can be tough to relate to investors in more affordable areas, but remember that your unique situation also offers valuable insights and opportunities.

Got to 6 units and remembering which account and paying became a multiple hr ordeal every month.

(I remember his name more than the other guests because I already was listening to his podcast as well.)

You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

Remember that these are their homes and create attachments to the property's as they have experiences there.

I remember when agents used to drive people around showing them listings. 

Remember there is no perfect data or website that will tell you the best place to invest.