He resorted to renting but was never comfortable as a long distance landlord.

Because, house hacking is comparatively simple and beginner-friendly (and therefore has the highest likelihood of success), but strategies like BRRR'ing, flipping, wholesaling, etc. are far more complicated, and have a far higher chance of failure because they involve so many "moving pieces".I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?

So residents resort to install washer dryers in their own unit, or go to the laundromat a few blocks away.Years ago, I myself lived in an apartment building with coin opt laundry.

Single closing for a Sub-dividable property in the Outer Banks, NC ......I am a beginner investor and I have an off market single family home under contract in a vacation resort area which has a long term tenant that would like to continue renting. 

I’ve done resorts and 5 star hotels with it.

I would underwrite with Pricelabs so you can get a number that does not include cleaning fees, and go from there. 70 stays seems like it could be really high to me also, it could be your occupancy rate driving down revenue, which would drive down cleaning costs.That being said, low population within a couple hundred miles and a high level of resorts around the area could be driving down your numbers too.

So my almost condo purchase story - We almost bought a small 1/1 ski place right at the foot of Mount Bachelor in Bend, OR a long time ago.

I recently sold those properties and I am not investing everything I took out of those into RV Resorts for great sustainable cash flow and no tenants or evictions to deal with.

Mini splits are really last resort.

Because, house hacking is comparatively simple and beginner-friendly (and therefore has the highest likelihood of success), but strategies like BRRR'ing, flipping, wholesaling, out of state investing, etc. are far more complicated, and have a far higher chance of failure because they involve so many "moving pieces".I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?