There are additional things to avoid.My purpose for bringing this to the attention of investors is because there are misguided gurus out there teaching these very techniques.

Its up to investors to choose wisely all a Broker can do is bring opportunities.. but you cant blame the messenger if your tenant skips on rent or breaks things :)

But for most properties, it’s a smooth way to add value and potentially start bringing in some rental income.To give you an idea of what’s possible, I ran an analysis on a project in Sycamore Square, Los Angeles.

And in contrast, COMPLETING, keyword completing, a NEW Tenant Placement brings about 1 full month's rent, for the tenant placement fee. 

I have other assets in Canada but I looking at bringing everything here when the exchange rate is better.

If you are strapped for cash  this is a great place to bring a good deal and get it funded.   

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

Take your time to clarify your goals, and be ready to continually learn and network along the way.Remember, each step you take is a valuable experience that brings you closer to success.

I am a firm believer the sun shines for everyone so thank you for all you share and also thank you for bringing awareness about the pitfalls of these mentorships. 

This brings us to the question of scalability.