There is 0 correlation to their success, I would strangely actually say the bootcamp people tend to NOT buy and usually fail to become investors or they get one deal and do not scale it.

problem is now a days with inflation and overall costs travelers tend to want to save money.

I meet investors here and we talk about both markets for ground up construction and columbus tends to be preferred. land is about 20x cheaper for smaller plots. there are a ton of options though I could discuss. even 4 units are tough it's really tough to get the numbers to work unless you buy land and develop. we need at least 60 units to get those numbers to work 

Hey @Julie Brangenberg - I have an AirBnB here in Chicago but never in specific college towns...I would tend to say that it's probably not the best location unless you have boots on the ground there.I could also see more damage being done in college towns, higher repairs maintenance, and shorter stays but that is honestly just a hypothesisIs there a specific reason you want to get into the STR space?

People tend to follow the money, but don't realize where they are in the curve.

The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.

The biggest mistakes landlords tend to make on their tax returns generally have to do with fixed assets / depreciation...the 3115 can be a godsend in these situations...great post!

They tend to prefer stuff in decent condition and in their buy box.

If you survey the landscape of coaching program graduates, a consistent theme emerges: those that "make it" tend to have the drive, curiosity, passion, grit, relience and focus to weather the journey... 

I tend to lean toward leveraging for growth, but doing so with good performing properties and enough reserves - after seeing many investors lose everything when the market turns.