Hi all, I came across this older post about Capella Mortgage and thought the following would be helpful for any members considering investing with Capella based on experiences of people I closely know.

I know people that are really good at their trade (plumbing, cleaning, electrician, etc) but they don't have financial discipline, they don't know how to market, they suck at customer service, they don't use tools to their advantage, etc.Cody Sanchez (lady in the video) buys different types of businesses and makes them profitable by applying basic business disciplines.

Scott – This one is tailored to investors looking to understand real estate accounting and bookkeeping.You might also consider looking into general bookkeeping books like "QuickBooks for Dummies" for managing finances, especially if you ever plan to expand beyond REI Hub or need more detailed tracking!

I imagine it's higher than a typical single family rental considering it looks like the host usually ends up paying for any damage caused by tenants due to a variety of reasons (tenant refuses to pay, damage happened in a common area and it's not clear what tenant caused it, etc.).- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?

I hadn't really considered buying houses that need a lot of work because I have no experience with hiring contractors for large projects, but that might be the only way to get a cash flowing property here right now.

I'm actually really considering section 8 housing due to returns on the surface.  

I've flipped several properties in Eastwood Hills East and surrounding neighborhoods, with about half selling to homeowner occupants and the other half sold to investors with tenants already in place.That said, the specific property you're considering is key.

When we had major storm damage to our place, I considered hiring a public adjuster too.

Consider it a wiki entry for BP on Tucson STR's.

We're considering a mezzanine loan to get to pre-sale phase.