Whether it is due to small size units, poor location or whatnot - you will have to deal with that on an ongoing basis.

You get education in all aspects of creative financing, starting with Subject To, wraps, hybrids, seller financing and what not.

I looked at a house yesterday. While it's sometime like finding needles in haystacks and we are excited to take on our next project 17 Years of experience has blessed me with the knowledge of not only which ones TO bu...

I can't really give you great advice on what do, but I can give you some excellent advice on what not to do.  

That will show you what not to do and why when investing in REI both at home or out of state.

Would the same apply for a hotel stay or whatnot?

What not Facebook ads?

Our nightly rate varies from $52 a night during certain parts of the winter to as high as $225 a night during peak season and graduations and what not.

He probably has a point there- if you are willing to get your hands dirty and do the BRRRR version or flip or whatnot, you can probably make it work.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.