But you would not lose it all, it just becomes a non performer and it would be interesting to see what happens if the homeowner stops paying.

There is more due diligence to perform for commercial as there are can be a different type of lease for every tenant in a multi-tenant building, despite the spaces appearing identical from the outside.

I've performed a few 1031's and had to pay initial fees.

If it’s a subway that has a corporate guarantee and option to renew that is a much lower risk than a brand new business that has a High chance of going underWhat we see frequently is investors chase returns and ignore risks.

The individual merely acts on behalf of an actual beneficialowner as the beneficial owner’s nominee, intermediary,custodian, OR agent.Note: Individuals who perform ordinary advisory or othercontractual services (such as tax professionals) likely qualify forthis exception.

It is basically a brand new house from the foundation up.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

In other words, your price determines the perceived value in the guests mind, no different than a luxury purse fetching $1000 while another brand only $75, even though they are both made out of leather. 

for me its just showing past performance.. and kicking the dirt..

I’d love to hear if your biggest home runs have been from: a) buying an existing STR, tweaking it with your own unique skill set and applying your experience-proven enhancements to be a top performing property, orb) converting a previously non-rental property into an STR?