Europe has much more relaxed drinking standards than the US. 

As far as the quality of advice at a bigbox store - it is highly variable.

My wife and I are looking at buying a property that we can live in and fix up (cosmetically) and then either rent it out as a standard SFH or as a short term rental. 

How do you typically balance cost versus quality when outfitting a property?

I'm not the person to answer your primary question on the quality of investment opportunity - but I'm sure other will chime in.  

@Lavette Reid Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Hi @Kevin Duong,I have not used demountable walls before, but I would say to be very careful to make sure that the units are still meeting the legal standards to be considered a bedroom.

It is very strange for a PM company to hold rent for that long.The industry standard is for the PM company to pay you on the 10th after rents are received.I do see some PM companies paying on the 15th.Ideally, the PM company can pay by the 10th because most mortgage payments are due by the 15th of the month.You may want to consider giving another look for a PM Company.

I think the best way to learn about syndications and to find quality investment partners is to join a Community.This type of investing is long-term, illiquid and completely out of your control.  

so much private land has been logged and replanted since then.. in those days we would buy a 40 lets say for 150k  take 200k of timber off of it then sell the land on contract for same price then hypothicate the note to pull out more cash rinse repeat.. we also would use our logging roads and staging areas stratigically so when we left the roads were in the right place to do a 4 way lot split and the landings/stagging areas became the building pads.. in the NW permits for logging are not tough.. in those days it was over the counter and there was nothing you needed to do with regard to excavation.. however if I just bought the land and wanted to put in roads and pads then I would have had to get a grading permit and all the survey and engineering that went with it.. its was really something how we did that.. and I miss it to this day.. the other item that made it so profitable was Japan was paying premium for Export quality doug fir logs.. you could get double or more for export logs.