Treat your residents very, very well as an extension for you is even more valuable that a new lead.

I've learned that the on-market opportunities just don't have enough margin and are too risky for flips.If you have any off-market leads or know where I should be looking, please share them with me!

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Most people living in far north suburbs of DFW are not working downtown. 

Go to meetings to network, meet people, find deals.

From what I've seen and read, most of the reason operators get in trouble is that there is some type of "event" that has occurred (usually their loan has matured or they've defaulted on their existing loan) and they need to refinance their loan and the lenders require a new appraisal to be done, which usually leads to a lower appraised value, and a lower loan amount, which "forces" the owner to pay down their debt.

How about all the education that is lead by the BP teams? 

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

He is leading his 2nd rehab and it is taking longer than I would take (but I have done it many times).  

@Nina Erlandson I have not used them before personally but I work in the insure-tech space and know some people there.