I remember reading about lots of trouble with private REITS. 

Avoid future trouble.

I found the setup and management process on Booking.com to be horrendous, not intuitive, time-consuming, fees are expensive, I had to manually process credit cards, and only got a few bookings for my trouble.  

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Saying things like "breach of contact", always an unpleasant interaction with him for about the past 6 months, him fishing/hoping about if there are money troubles.

It makes it super easy for us to produce all the financials our Clients need for their tax pros to file their tax returns.

What are some of the guidelines you and your group have used to keep you out of trouble?

You're financed at 100% and would be in big trouble if (when) ANYTHING went wrong....would the property even cash flow enough to service all of that debt? 

We moved it to a 1 night minimum because we were having trouble filling weekend slots, which was rare for our listing.

However, you will find it difficult being that both of you are W-2 with your main activity to produce income being outside the real estate profession.