Thank you, Sean UrannMake sure you have the right team around you, such as the CORE 4.

I want to be happy and free in my late twenties, like the book suggests, not worrying about operating these franchises.

It has to do with the LLC Operating Agreement you use.

Companies wanting to set up new operations will not choose high-crime cities.

We are operating on the assumption that Lakewood market is pretty matured at this time.All thoughts welcome!

The best wholesalers operate ethically and understand the business.

Rents tend to rise over time, amortization steadily increases equity, incomes rise, so the investor has a lot of “cover” for unfortunate timing or operating “mistakes”.Number 2 - periods like 1932 - 1941 and 2008 - 2013 are much harder on this strategy.  

If I am looking at a operating STR, I know where to make changes and opportunities.

One for security deposit and one for operating/rental.

Say I want to buy a property to operate it as a STR (with material participation avg < 7days stay).If I travel to the beach to see some properties I am interested in, am I allowed to deduct the travel, stay, meals as expenses?