Some loans like DSCR (Debt Service Coverage Ratio) loans are based on how the property operates as a rental (income, expenses, etc). 4.

Yes, it's more work up front, but we have an investor relations team dedicated to performing that work so it doesn't distract us from operations. 

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

For example, do landlords in that neighborhood charge for coin operated laundry, or do they hold pet deposits?

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

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?

You materially participate in an activity if you're involved in the operation of the activity on a regular, continuous, and substantial basis.

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

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

., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?