You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.

I would use cleaning services but it's my understanding I could use more than one company over the course of the year to limit how many hours one company spends on it.I'm looking into a utilitarian STR more for business travelers, so this won't be one where everything is perfect, it's bound to accumulate wear and tear I think.The STR would be out of state, but I plan to travel there for probably two weeks a year where I would perform many repairs myself.

More horror stories than success stories.

I've had clients successfully close on 30+ deals in two different markets. 

Over the past decade of deploying a very successful BRRR model across the Pacific Northwest, I've been able to perfect my "cash for keys" process. 

Several other investors who attend have house hacked successfully in Chicago and it will be a great event to learn about tax appeals.Come by if you are free:  https://www.biggerpockets.com/forums/521/topics/1213731-chic...

You are INVESTING here, that means YOU are the one taking the risks of loss because YOU are the one with something to gain by the investment performing.

I recently listened to a podcast and a story of a guy who had success with this in only 2 years.

A two person partnership at 50-50% each has been often described as legal malpractice.Consider having persons assume the roles they will actually perform and document that role:The guy who finds the deal is the owner.

I hope you've found success!