But no one is getting rich off that cashflow even in a best case scenario.So to outline this again, here's the alternate scenario.

The guru's always plentiful, you'd think at some point even with a guru that someone would say "yikes that's a lot of money, what's the return look like" but they are usually convincing enough to where I could see someone hoping for get rich quick to overlook things like that.

Does anyone have recommendations for an STR on-call service (not full property management), which will handle basic guest communication during their stay and handle organizing repairs (i.e. calling a plumber, HVAC, etc. ... not actually doing repairs themselves)?

Establish a clear process for handling these requests and keep an emergency fund for unexpected repairs.Tenant Relations: Communication is key.

You are interested in real estate investing and are looking for resources to develop your knowledge.I work with a lot of doctors and busy, high income earners to help them build real estate portfolios to slow down at work and offset some of their W-2 or business income.Some books to consider are Multi-Family Millions by David Lindahl, Investing in Real Estate with No and Low Money Down by Brandon Turner, and Equity Happens by Robert Helms & Russell Gray.Some You tube channels to follow include Get Rich Education, Ken McElroy, Jason Hartman, and the Real Estate Guys Radio Show.Yes, until you are making attending physician money, I would house hack the house you live in by renting rooms or buying a duplex as a primary residence with low money down.To Your Success!

Since your lease doesn't include a break clause, you'll want to communicate openly and give them ample notice, ideally a few months.

- How do you currently handle tasks like maintenance requests, rent collection, and tenant communications?

Anything I need to be particularly cautious of before I communicate this to them?

Most often, it's a case of watching one of our videos, seeing the 6 and 7-figure returns we generate, and thinking they've stumbled across a get-rich-quick program.But Branden, after reading your entry, I took some time to review your call.

I will be keeping eye on things to make sure that it gets done, and will stay in communication with his lawyer.