Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning. 

The issue is: can the operator survive to that "long term".  

It’s a well oiled operation to collect money then give you vague updates and excuses.

My questions: - Looking to understand pain points of operating in Indio that you wished you had known - Besides the music festival in April, is there frequent tourism ensuring you are making the annual CoC ? 

Hi, we are a small operator with 14 doors and Grasshopper told us we can't send texts anymore because we don't have a website.

I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent. 

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

The properties we operate are all in Indiana. 

Im a medium sized operator - 46 units- and my typical deal has an ARV from 200 to 230 when its finished.