If you wait for the problem to occur and then try to educate yourself, you will exacerbate the problem and lose more money.2.

There are other downsides that need to be added to this list, both related to resident psychology.When a resident has a security deposit, they consider that to be their cash and they don't want to lose it. 

It's no wonder they ditched the master lease structure - easy to see now how they were losing money on it. 

Sadly, there are quite a few people over 65 on the verge of losing all their retirement money they put into these guy's investments that are doing terribly while they both go start new ones.

You have some people in here who are cool with and celebrate losing over $1,000 a month.

Most of these folks don't want to lose their voucher.Additional issue, when rent is too high, it slows down leasing. 

What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?

6. in 2023, two years after losing the first ballot measure, WIP tried AGAIN, and this time they still lost with 58% of the vote against them7.

I was scared of actually getting the deal done as much as I was to losing the deal.

I've heard too many stories of investors purchasing homes for STR use, only to find that they lose their permit or the ability to transfer it when they sell.