My cabins (1 to 5 bedrooms, all with views, and all except the 1 bedroom is further from town) are still performing well and most are on track to meet or exceed 2023 returns.The days of buying and everything running easy with people filling your dates and throwing cash at you are over.

Still looking to build my core four to hit the ground running in this promising market!

Spreadsheets/Templates:If you don’t want to start from scratch, sites like BiggerPockets and others have pre-built templates you can use to run your numbers and track your expenses.

And right down flying the same airplane LOL..their shop is well run..

PM fees typically run 8-10% of monthly rent for a duplex plus often a leasing fee of 50-100% of one month's rent when placing new tenants.

Lawsuits run a year and a half or so.

Lastly, running an MTR is partially hospitality (like STR), but it is also a sales position (like all commerce).

The seller will also have to sign documents that are required and it will hold them liable for debts since they are on title.Best way to set that up is run the numbers and create a partnership based on the equity of the land and your cash injection and sweat equity.

Today we basically run two businesses, one in REI and one is a brokerage team.

There are many who preach this program but the reality is if you run the actual numbers I would argue that is NOT the case.