With that said, you have a lot to learn before you need to form a partnership and start the wheels on that.

This is why so many Americans got financially ruined in 2008 but, as usual, people sadly never learned so history is doomed to repeat itself.

However, I'm now reading Dave Meyer's book Start With Strategy to learn more about whether long-term residential rentals is even the best approach or if I should be looking into other strategies, in light of my overall goal.After Start With Strategy I plan to read Set For Life by Scott Trench, but what other recommendations do you guys have at the strategic level?

I wouldn’t be surprised if it’s  a marketing gimmick to get potential borrowers through the door through  weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms. 

I learned this the hard way when I used to do weddings.

We are thinking about doing my first deal and are here to learn and absorb as much as we possibly can. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Each situation, even the frustrating ones, is a chance to learn and grow.

Unless you have experience in the MTR space, or want to invest your time into learning, you are better off renting to a long term tenants.

This is a great place to learn and further investigate investing in real estate.