Despite blowing through all performance projections it was just an endless stream of ridiculous requests for reports and information (beyond what was agreed to in the operating agreement) only to satisfy a junior analyst that probably hadn't stepped foot on a property in his very young life.  

Think of it like trying to save money on a doctor and potentially jeopardizing your health just to save a few bucks.

This will be the brains of your whole operation and is a life saver even with just one property.3)Use dynamic pricing tools like Pricelabs.4) Depending on the budget, look into getting a second person on the team called an "inspector" (not home inspection but STR inspector) who will go in about an hour or 2 before any check-in and make sure the home is ready.

I have about $1000/$1500 a month disposable income and need to do something productive with my life.

To insurance salesman the answer is always life insurance; to stockbrokers the answer is always investing in the stock market; to a hammer the answer is always a nail. 

Hi all,I'm making a trip to KS (from CO) in a few weeks and will be seriously considering a few properties to be used as BRRR's and for mid term rentals.Question for this group:a. Anyone in this area? Or invest in the...

I know it depends on the policy, but the house is completely destroyed and cannot be sold, ive lost lots of money already and this is affecting my mental health.

You still want to know the balance sheet, rent roll, and expenses, but most people who talk about CAP a lot are over-using the metric and not seeing enough properties in real life.

I did it at 22 and it's completely changed my life.

Set for Life by @Scott Trench is a good primer, along with Rich Dad Poor Dad so you can different views on what it's like to start.