With rent demand being so high, it can be hard to make the numbers work, and it is so easy for property managers to fill units, that there is little justification for taking on the risk of dealing with Airbnb issues.To illustrate, I will give a personal example.

In 6 months it won’t make a difference - perfect example of this business being the “long game”. 

For example, if I want to install new plumbing in the bathroom because the old one is old and broken, would I need a permit to do these fixes? 

I believe borrowers must do their due diligence, but this looks to be another example of Capella either not doing adequate deal due diligence/underwriting/appraisal or fraud.Investors are now coordinating and it has become known there are multiple problematic Capella deals in default.

Can you give example of buying something that gives 1000$ net profit per month per property? 

For example: $700 per bedroom x 8 bedrooms = $5,600?

For example, the signs of the 2008 housing crash were all over for everyone to see but many investors were blindsided by their "following the herd until the last minute before the party ends" kind of strategy and lost everything as a result.

These are examples of how you could still be comparing apples to oranges focusing on safety and cash flow alone.

Fresh eyes help.Mindset Check: You're never going to know everything before you start.

For example, some are turning one point into the value of 15 or even 20 points, stretching their points further.