In addition, it had a full gut with all-new plumbing, electricity, HVAC, etc... the renovation cost 250K+All projects were done remotely with a back-and-forth arrival to the states.

Definitely I'd do it on this project and get the remediation before I sign.

Many find it’s entirely possible to balance both, especially if you start with smaller projects, like single-family rentals or "house hacking" (where you live in one unit and rent out others).

A very specific and common mistake that AirDNA makes is that many STR operators don't allow back to back bookings so for each real booking it will include a day on either end of the booking which it includes in it's revenue determination.I believe Cliff on his experience with overly optimistic projections. 

Once you're ready for the next purchase, you will have more experience, systems, and the confidence to tackle a bigger project.

The city is projected to add over 1 million new residents by 2040, with a significant portion of this growth occurring in the next five years.

Soft MF's.While you’re projecting this tough, macho image, consider the advice and attitude you're giving to a young, aspiring college-student investor who genuinely needs guidance rather than someone inflating their own ego at their expense.I wish I had started when I was that young.

Like many real estate projects, we expect her to bring:- Joy- Wonder- Tears- Unexpected Costs- Anxiety- FulfillmentExcited to embark on this ultimate life project and grateful for all the support as we “build” our family!

You really have to pay close attention to you exit strategy and projections. 

But with every successful transaction, my confidence got a boost, and I got more comfortable taking on bigger projects.