I probably could have gone through it in two weeks if I had gone full force, even a week if I had pushed it.The course itself was very good.

He was burned out.The Problem is two fold:Cash Flow on Paper ≠ Real Cash FlowMany investors assume rental income will flow smoothly, but that’s rarely the case in high-risk areas.

Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

We found two contractors and the bid we received to finish the work were higher than the bid we contracted to complete the entire rehab! 

I see two separate issues.1.

I'll wrap this post by pinging two other Japan-based American investors for their thoughts (until they actually tell me to stop doing this): @Steven E.

Since the repairs were two owners ago, I would think the town may be a little more lenient with you.With the new kitchen and bathroom, were they existing and just got renovated or were they added on?

If less than two years, cost seg probably isn't a good route.

Also, the whole point of hiring a PM is to handle tenant, maintenance, and rent collection, so if your partner isn’t actively managing but just supervising the PM, IMO not worth having a two people essentially looking over the same tasks.Contributing financially for one person and the other having no financial stake raises decision making questions, such as when to sell, how profits will be distributed, etc.

I still have it in the back of my mind as a way to turn sweat equity and one down payment into two.