I push back against the dogmatic belief that because it didn't work for me this time, it's a failure.

Helical piers placed every 5' should fix this, but for a significant cost. 3) Due to a toilet becoming loose and failure to recognize that the toilet leaks every time it is flushed, the subfloor has "significant deterioration."

It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years. 

Whether you own a single rental property or manage a portfolio of multifamily units, effective property management can be the difference between success and failure in real estate.What is Property Management?

That’s a 99.97% failure rate.

You are just asking for failure investing in that.

If it "worked" there would be more success than failures, but there are FAR more failures than successes, so how can you be ok with telling people or advising people to do it when you know DARN well that every 1000 people you tell to do it, 999 will fail.

If that is your primary focus it could convolute thinking and force unnecessary errors, in an already error prone business with a very high failure rate.

Despite the failures of other national full-service Mexican chains like Chi-Chi's, Darden's CEO Rick Cardenas is confident in Chuy's potential.

I also do not blame the carls for anyone’s STR failures.