As an unlicensed builder your GL will not cover completed operations.

This doesn't mean I don't take on riskier opportunities necessarily, I just find comfort in having a compounding engine as a bulk of my portfolio so that I am always operating positive.I am completely new to real estate investing and would love to find like-minded people to connect with.

The book introduces the Entrepreneurial Operating System (EOS), a framework designed to help businesses clarify, simplify, and achieve their vision.We use it for vision alignment, goal setting, & accountability.

A Business License is required to operate a short-term rental"That (from the SLC planning site) pretty much says it all.

I basically group the business into 2 segments, administrative tasks (pricing, marketing, guest communications) and field tasks (cleaning/maintenance).Part of being a successful operator of anything, you have to know your strengths and weaknesses. 

I run a wholesaling operation here in Florida, but I got started flipping properties, so don't think wholesaling is an entry to real estate investing because it's not.Feel free to reach out with any questions. 

As painful as this lesson was, it made me make major operational changes.

By a stroke of luck, I actually met a sober living operator at an open house, and we jived well.

I assume he is solo operator? 

In normal operations and stable markets, the bank margin is typically about 160-180 bps above the fed funds rate, however we are currently seeing them build close to 300 bps of margin which tells me they are still expecting volatility in the bond market.