You are a mark for the gurus when you talk like that so be careful.

Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.

Developing a strong network of individuals who care about bettering themselves, their family, their communities and especially helping out anyone who wants to make more of themselves.

I have come across his youtube videos in the past and did not care for the advice.

Awesome, STR investing works well here provided that you have a great location and take great care of your property. 

They have nothing to lose, its like giving someone a free ticket to the football game, if they go great if they do not who cares they just do not go and there is no consequences for them. 

If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.

So you have to be careful when just looking at data. 

Plus, the unit ends up being 2X the cost, with tenants destroying the units.With section 8, you want to find tenants will be there for a long time and take care of the units...

Because the cost of roofs, ac units, water heaters and so on don’t care if you collect $600/mo in rent or $3,000/mo.