I highly recommend attending real estate networking events to meet more people is this space and pick their brain and learn more from their projects and see what is working and what is not.

The other thing to consider is the age and if you add a second floor will the entire structure need to be brought up to code for hurricane and wind.I live in a neighborhood where the homes are older (not in florida) and the foundations are hollow core CMU and adding a second floor would not be feasible due to soil bearing.

I’m really looking forward to learning as much as I can from this space!

For a co-living space, tenants don't appreciate the fence as much as a tenant for a single family rental property.

I find if I do the "heavy lifting" like drawing out a system and or the floor plan of the cabin, you can find a guy to do the "official" work fast and for a cheaper price than if you sit back and do nothing.

You could probably do a postcard campaign and draw up some interest, as there are some really bad actors out there in the property management space. 

I have some homes in Ft Lauderdale and excel in the Short Term Rental space. 

If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

You can rent the space to an entity that is looking for more space (passive, less scale) or you can run your own sober house like Devana does (way more management, way more scale).

Hi Sanat,There are plenty of great lenders around the BP space that can help you out with investment property loans!