People follow those who have unique takes and are original.

You do not need a license (like a brokers license) to manage your own properties.However, check your town to make sure you don't need a business license.In Tacoma, WA, as an example, even if you have a property manager, the owners themselves also need to have a Tacoma business license.If you hire a property manager, they will need a brokers license to manage other people's properties.Good luck!

A lot of people will agree, but I did want to provide some context for counter arguments that people may have that you should be prepared for: 1.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I understand nobody can predict the future but I just wanted a general idea of where people think the fundamentals are strong.On researching the neighboring markets, I also found the Oswego market interesting.

Hoping to meet a small group 3-6 people that can brainstorm, ask questions, and help hold each other accountable for our goals. 

So, for items #1 and #3, I would talk to them directly first because I like to treat people like people and communicate directly about anything.

A festival that draws 250k people is pretty big time - are you sure about your numbers? 

For people who are not super accounting-savvy like us, I would definitely recommend it. 

If one of those people doesn't pay or they move out, you're taking a hefty hit on your cash flow for sure.