Pros include securing the desired property and strategic planning, while cons involve higher costs, financing challenges, and complexity.

I have personally purchased large apartment complexes from REITs and know how poorly some of them manage their properties. 

They will put it in your bank account. at a higher price, Airbnb is mostly crickets and booking.com continues to bring in good traffic booking.com has been very smooth and the whole review mantra with Airbnb is almost non-existent yes somewhat complex to set up.

Your question about LLCs is something many investors wrestle with, and the answer really depends on your long-term goals and how much risk you're comfortable taking on.For smaller portfolios like yours, setting up separate LLCs for each property can provide additional liability protection, but it also comes with added complexity and costs.

The complexity of selling nationally forced us to expand our headcount.

In Colorado, zoning disputes can get complex, and local attorneys often know how to navigate the system effectively.Engage Your Tennant: Transparency is key.

The sales comparison approach is typically done for residential real estate and will be less appropriate and come in under value because there are no good comps, and even an appraisal using the income approach (unless the appraiser is trained to do more complex commercial appraisals) is probably not going to be the most accurate either because they typically use market cap rates and in this case you don’t have good comparable income properties to find the market cap for the analysis.  

Hi Henry,You’ve mentioned some excellent points about the complexities of scaling a portfolio in Europe and the importance of understanding local markets.

Another time I sued someone for breach of contract and it costed around 12-15k, this was a complex and much longer case.

For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.