My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.

It turns out that nothing is more of a waste of time, energy, and money than this, money that could have been spent elsewhere.

Nothing wrong with 10% body fat and $300k in the bank.The amount of time and energy that it takes to gain 'ultra-wealthy' status are insane....and you have to give up many things that give you a happy. healthy, well-balanced life.

This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.

I invested with ODC fairly recently for some of the same reasons many others have, Brandon, his positivity, energy and drive to succeed, ability to build a competent team, the network he has built, the communication and the investment structure the sponsors invested in themselves. ultimately, It is STILL our job as investors to monitor our money, ask questions and evaluate the sponsors' thru their reports. 

This added so much to the overall cost and took up more of my time than I expected.Overall, it was a huge waste of time, money, and energy.

@Ben LeybovichI think in the perfect world, new investors would spend enough time and energy learning how to analyze properties themselves, what the various calculations mean, etc.

Hey all,I have been listening to Bigger Pockets content for maybe 4 years and finally have removed myself from some side hustles, have the capital, and grew the...brains to start real estate investing.QUICK BIO:I am based in New Jersey, I work as a marketing/efficiency consultant, and have 2 avenues of real estate investing:Short-Term Rentals: I have 3 short-term rentals using my parents apts in NJ ( 1 of them just launched in Nov) for the past 2yrs near NYC (1 of them just launched in mid-Nov).

You'll have to operate at peak efficiency to make good money, which means more time, stress, and headache. 

Your journey into short-term rentals sounds like an exciting shift—I can feel your energy for taking on a new challenge.