He's the guy who shared my interested and connected us, he wouldn't recommend him as a seller if he had bad experiences with his other properties.I did ask about other properties and he shared about a duplex for $200k, but I wouldn't be able to afford the down payment needed.He acknowledged the rent is low compared to the market and never mentioned that it's his "best" property.1) Agree, but if he's been a good tenant is that necessarily a problem?

What nice though with that is you build equity quicker.So just adding my experiences with the commercial side, from an owners point of view.Good luck!

In my experience it won't be looking too pretty after a year.

Stay focused on providing excellent guest experience and you will stay higher in bookings and revenue. 

By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry. 

From my experience investing in mid-tier and luxury hotels much larger is you need about 70% to make ends meet, you start getting happy about the investment about 80% and around 85-90% you fell like you are a genius. 

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

Experience: Beginner in real estate investingGoals: My primary goal is to learn more about real estate investing opportunities. 

I want to ask ya'll seasoned investors if you were starting out today where would you start investing with all the experience and knowledge you have now?

The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.