In our market, you can self manage, with all the associated work, and out perform the LTR income.  

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

Have you performed an amortization analysis to see when your net earnings after depreciation starts to become positive?

.: Quote from @Barry Clay: Relative beginner here, I put an offer on a 2nd lien for 14K non performing note in Florida.

Hi! I am new to Bigger Pockets and to real estate and would love to get some good information for starters or to just discuss. I am always down to get to know new people and make more connections, please reach out!

Give it a try for two consecutive projects and see how you perform by project 3..... you will be surprised how such a small tweak to your budget can impact the overall project performance. 

I honestly feel like the juice is worth the squeeze in STR/MTR and may even continue this strategy as I find myself to be more adaptable and capable of performing.

I was thinking - as a beginner - is mentorship a good way to go about it .

Short-Term Rental (STR) Options: If an Airbnb on your street is performing well, consider converting your property into a short-term rental.

Driven by favorable interest rates and stock market performance, debt issuance has been the main capital driver.