Now, to answer your question, if you pay a mentor $30k to get started, a good one would teach you how to find deals, partner with others and create a powerful and sustainable business.

The max LTV is not quite as high as FHA, but there is no sustainability requirement for triplexes and quads (FHA triplex and quad must meet sustainability requirements).  

Increased investment and job creation in some sectors indicate economic progress, however, the long-term sustainability of these efforts remains uncertain. 

There is nothing you can do to get your money in a timely manner if the other parent is self employed. 

Sustained maintenance costs that are higher than anticipated increased occupancy and nightly rates.

It seems like the business model isn't really sustainable from what y'all are saying, but I'm gonna try it out anyways and see if I can get just one deal under my belt during the summer.

Lastly, be a good landlord and build a certain relationship with your tenants by ensuring that you address all issues and concerns in a timely manner.

I have learned to respond in a professional manner to any and all customers, potential customers, colleagues, contractors and associates. 

Do you know if there are statistics on losses sustained by owners that don't buy policies?

You also lower your own cost of living so you can invest more.Rehabs are nice as well because you have a lot of value add work at the beginning which allows you to develop equity more quickly.Strategies like rent by the room, and short and medium term rentals can generate higher returns.Ultimate you probably want to combine all these strategies, at least in the beginning, to supercharge your initial returns before moving to a more sustainable model.