Also the hit rate per property is really low.

Nightly rates and estimated revenue based on all the other units in the area?

If you’re going to finance through a bank the property has to meet spec.1.  

It got me thinking:In your opinion, what are the minimum requirements someone should meet before raising money from investors (beyond family and close friends)?

And than meeting with Senators I got the same answers. 

Cap rates:  Cap rates have been expanding, but sellers think they will tighten. 

I am seeing interest rates start in the mid 6% range for foreign nationals here in Florida.

If you rely on travel time to meet 750 hours, you're playing Russian roulette with the IRS.

My best advice is to meet your lenders face-to-face at real estate clubs, conferences, or other professional events.

Real estate investing is largely about the choices we make as owners.Over the years, I’ve worked with many teams and companies, and I always recommend SDIRA Wealth because they build the properties in the best markets, and consistently excel in meeting my top five criteria.