In my opinion, your occupancy rate and min night stay seem in the ballpark for planning purposes at this stage.

A well rounded coaching program for members at all stages of RE investing would be a great way for BP to go deeper.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

The financing arrangement must be at arms-length and cannot involve a disqualified person (e.g., you, your spouse, family members, or certain business entities tied to you).

I look at foreclosures.comOut of the 3 stages I am definitely not ready for an auctionpreclosure / short sales:- I need to research how to take over a deed / title- need to prepare how to do door knocking (I have a sales background and feel confident in dealing with an emotional conversation about someone’s home) - there IS a window of like 4 weeks that I need to prepare for (have my finances in order) to then bid before it goes to auction?

Cool wish you the best and post about your project as you go through the different stages I am sure the audience here would really appreciate it from your POV

A lot of this content was produced in the mid stages of a vacation rental frenzy, and those concepts don’t necessarily work any more.

Given today’s interest rates, a highly-leveraged arrangement (where you’re putting 3% or 5% down) probably isn’t going to generate any cash flow, so unless you’re comfortable with injecting money into the deal every month, I’d recommend accumulating more cash before you start investing.Generally speaking, a good place to begin is when you have enough for a 20% down payment, closing costs, and 3 to 6 months of reserves.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.