We are very grateful for the clients we have, and the people we've gotten to work with.

Many people who own rentals and are already self managing them will set up a pm biz to be able to adopt a Solo 401k.

Interestingly, though, people who have experience with STRs seem more likely to pivot to the MTR strategy once they realize how much easier it is and how well the renters treat their units.

, the more likely people will respond with valuable insights.Network actively: Join local investor meetups, online forums (like BiggerPockets), and social media groups focused on real estate to start engaging in conversations.Be open to learning: Real estate investing is a dynamic field, and the more you learn, the more you'll realize there’s to know!

Sell a ton of properties to 1031 people in Memphis.

Some people just are NOT cut out to be landlords.

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

Many people I speak with initially gravitate towards the "cheaper" areas because "numbers are better." 

I like his points about building a “team” and not actually asking people to be “on my team”.

We do get people coming through for ETSU and Milligan graduations, temporary stays for the VA, and some tourism in the summer and fall but you're not going to stay heavily booked.