After arrival they're disappointed to find it's not a private bedroom, which leads to disgruntled guests that search for way to get a refund and leave bad reviews.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.

I can give you a crash course on the good, the bad and the ugly of Binghamton.Binghamton is something of a unicorn market at the moment; it's a rust belt city with a history of low incomes and low property values.

You will get a bad reputation because they already have lawsuits.Hey Katherine, have had amazing experience with them, just finished my second padsplit and it’s really nice!

anyone can buy a bad deal - just go on Zillow and pick the first property you see and buy it. 

note none of my local STRs have this good a revenue ratio; if they did I would have good cash flow on them which my cash flow on the STRs the last few years has been modest.I am still shocked my underwriting shows the COC to be this bad, but I have decent confidence in the underwriting.  

One more reason why long-distance management is a bad idea.

You can do crazy stuff with trusts but hey are really bad at protecting assets. 

I always thought that in need to invest where I lived and for may years invested in bad areas that I thought I needed to.  

Readers are advised to seek professional advice.Thank you Sean, sorry I've bad at explaining the general use case I'm interested in.