I still do all of my normal due diligence on the operator, but trust transfers - so by making my first screen a referral from someone I trust, I shortcut the evaluation process.That brings you to the next issue - how do you find people to be in your Community or network? 

We come from a STR background so it's very normal.

With leverage you are using the houses money to gamble and not yours.

Regarding that refining you do after your initial research with other local listings, what normally is your process for that next step?

@Michael BaumMaybe we are over-reacted from the bad experience. the 99% of our guests are normal family: come to Florida and have a nice vocation.

I'm sure there are lots of variables so its not a one size fits all answer normally.

Normally, I do BRRRR style deals and force equity through rehab.

It's a normal part of the path to success.Take, for instance, doctors who immigrate to a new country.

I went into contract with him just a little over what I would normally pay.

I'm sorry guys but in the normal world you will have to buy multiple properties in order to realize the true cashflow potential.