To me BPRE was more about the individual stories of the investors and how they operate, with the hosts sharing their experiences as it related to discussion.

Franchises work for a reason, but inexperienced operators are why they fail.

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

While I have managers handling the daily operations, I still oversee everything remotely.

If you are able to setup a credit card identical to your accounts payable accrual account, it should operate the same.  

He was at the heart (and brain) of a fantastic educational operation – one that was undervalued because he did not charge much for it.

I currently operate a few STRs so have a good understanding of that aspect although they're all located in touristy locations.

Are you wondering more about the financials of it or operations? 

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

Both my wife and my background is in manufacturing, specifically operations, customer service, and project/account management.