It's like anything new, you just have to start and figure it out as you go. 

Expect rates to be higher with CLTV capped at 70%. 

Here are some practical tips and insights based on my experience managing a real estate fund and working in this field.First, setting realistic expectations.

At this point, we are all unsure who is even going to provide the K1s for 2024 but I'm sure that'll be figured out soon.I will say that it seems that David Zook is really trying to figure this out for us, and himself, but I don't see how we get our money back at this point unless Heller provides the $120M+ that the court has ordered him to. 

It's not your responsibility to figure out what's best for your tenants.

 :)  I figured that.

In the long term  expect RE to appreciate at a rate equal or greater than CPI.  

We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Trying to figure if the partner is the STR owner or another management company that facilitates things through you. 

But I have officially hit 6 figures in revenue and honestly if I wanted to I could just stick to having these 3 and live pretty okay off of 3 airbnbs I am arbitrating.