First, the cost of entry is relatively low compared to markets like Las Vegas and Dallas, which means you can acquire properties with more favorable purchase prices and potentially higher yields.

But I will say, then cannot and will not compare.

If you took the hit and lost money on this one tenant, by what standard would you refuse to do so to other tenants in comparable situations in the future?

You can also do an audit of your “hotel” to see how it compares to others in your market in terms of design and amenities to fully maximize revenue.

Citizens only offers $100k liability compared to the typical $300k or $500k on other rental policies.

Compare that to my sec 8 building in suburbs I am constantly texting these low lifes to get their tiny portion of the rent or to get roaches out of their units because they refuse to clean properly. 

Also if you wonder where you fall compared to other coaches “A 2019 survey by the International Coach Federation showed that real estate coaches often charge high fees because of the tangible ROI their clients can achieve.

If you look at their rent price per square foot compared to what smaller apartments or Floorplans get it's very bad.

This is what I and many many others on this site did when we started. 25 is a great age to work very hard and see benefits in a very short time compared to a 35 year old with kids who has to outsource everything shooting for a 8-12% returns due to life obligations.

This is a more meaningful response compared to the others.