@Bruce WoodruffInteresting.....Never heard of air bnb coming to the rescue...Better information for me, would be instances where that million dollar insurance did NOT come through for an owner.This spring I will buy into some str properties.Was thinking of going through a service like Air Bnb.Knowing when it doesn't work gets you closer to making sure it dies work when you need it.

foreclosure rescue I understand.. but their credit is shot if its a week from going to the steps. 

-Precious Metals (Gold/Silver): Insurance-Opportunistic Bridge Notes / Rescue Capital: Clip 6.00-7.00% on the note plus fees on distressed value add multifamily.

I believe we are seeing the results of that with nobody coming to the rescue any time soon.

So play the cards your dealt.. foreclosure rescue is a nice niche served me well when it was legal here.

I've lost draws, fired contractors and had to rescue projects.

The market would have crashed already probably worse than 2008 if the fed didn't come to the rescue that's not how things should work .

I would be super careful with out-of-state properties with the exception of when you can get them for a steal and when you are fairly positive they will appreciate.Otherwise, while some out-of-state properties look like they are cash-flowing well when all the counting is done after a few years the inefficient things will bury you e.g. the additional cost for property management, the inefficient management by management companies, the fact that management companies don't visit your property enough to know the tenant turned your property into an animal rescue center, etc.As for whether SFR or multi-units are better, I find that multi-unit properties always have the best ROI.

My end goal is to make enough passive income so that I can go back to work as a veterinary technician and work in animal rescue. 

Mortgage Rescue Fraud Act Effective January 1, 2007, the Mortgage Rescue Fraud Act, 765 ILCS 940/1, et seq., is aimed at the persons or organizations that prey on homeowners in difficulty.