I listen to RE podcast pretty frequently and Marco's was one of them I used to listen to up until a few months ago. 

Rent to close friends and family and on AirBnb to cover my expensesOther than that I think finding a LTR furnished at that price point will be very challenging

Actually, a friend once mentioned a unit in Eugene that had to be re-leased after a nasty storm tore off part of the roof.. it’s gritty, hands-on stuff like that which rounds out your perspective.At the end of the day, you don’t need a flawless blueprint to get started.

Cabins are a different beast, I have 10 at another campground I built- Broad River Campground located in Mooresboro, NC (Has Cabins/Domes/RV Sites, Tent Sites)Cabins are sexy to talk about for sure, but you are now entering the hotel business my friend.

However, fact patterns are frequently similar and and become easier to resolve (or run away from).The property is subject to competing spousal claims.

Turns out google IS your friend…Four states – California, Oregon, Montana, and Massachusetts – have what's known as clawback provisions.

But that's not very frequent.

LTR is stable, slow, and risk is low but potentially not as much cash (right away).Comes down to what goals you have and your risk threshhold - I have friends in CO springs who do STR and MTR, and works out great - but also have folks who LTR in that area and it pays for them self and it a great way to save money in places like taxes and build equity.  

Back when a close friend of mine; he’s a commercial landlord in Phoenix who once took on a quircky triplex in a tough neighborhood..decided to reshuffle his insurance setup, I saw firsthand how getting stuck in a clunky policy can really stall your forward momentum.

I have a good friend who has some great data on all the different neighborhoods - I am happy to share that with you.Also, if you don't have a lender already, I have some rockstars that I know like and trust.What sport do you play?