I'd love to connect in a few months' time (or before if preferred) to possibly locate a property in your area and start my REI journey around October this year.

By the time you do that 4-5 times you should be able to have a paid off home or excess funds to invest in other assets.

I looked at their booking calendar one time and thought it was pretty empty.I guess you don't know until you try...and probably depends on if you want high occupancy or high rate?

The only thing we can think of is he deals with a lot of international trade and money and maybe it’s OFAC we just get a scripted message every time we talk to someone so we got lawyers involved. 

This would be our first full rehab and first time using creative financing so I want to make sure I'm underwriting it correctly before we make any moves!

At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

Every time Jim?

I tell people all the time: if you can't find a quality PM in a market, don't invest in that market!

Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner. 

I'm having a hard time believing that as I've never seen one installed like this.