Hospitality, attention to detail, cleaning/handyman team, programs used for bookings and calendar organization, inventory audits, home maintenance, etc. are all extremely important but all of that doesn't even begin to describe all of the things an experienced property manager does.It is a matter of how much time and energy you have to invest in your properties and if that time and energy is worth it to you.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

If the IRS gets busy auditing them, maybe they will leave you alone.

In fact you haven't been squeezed out of anything because those weren't your deals to begin with.... you were just hoping those other students (who went through the same program and have now acquired 100's of doors) would give you a piece of the action.... because you thought you were entitled to it. 

FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.

Salt air can deteriorate houses and components faster than markets without salt air.The final piece is finding a market with a quality team or teams that I like and trust.  

Those can be had for 3-5 bucks a piece after summer so easy to replace.Waffle makers.

He bought a piece-o-crap house for 5k.

The most concerning piece here is that Norada is still actively raising money from their investors as if nothing is happening!

I was gonna invest 1M in bitcoins when the price was $220/piece a few years back.