That last part really does not translate well for investors.

The problem with your approach is that, the cheaper you go, the lowest quality of renters which translates to all kinds of problems.

Well as you probably already know figuring out what the hell you are talking about is like translating a foreign language that I don’t speak.  

You can also use the search bar function for some examples on how some of the concepts discussed in the book translate to real life. 

Even though at a glance the “savings” would only be 5% on the down payment, that translates to a lot of $$ in an expensive market.

What this translates to is difficult for me to say but seeing our current conditions with interest rates as high as they are, I'm inclined to work efficiently with our brrrr strategy... meaning quality over quantity and waiting for the right deals.

This translates to them not wanting to spend to much if any time on your project bc they are not getting paid enough and with all the business available in Indy these days they might take a job but once they realize they can get paid more for another project they leave your project that is being managed by that company who's taking a piece of the action on both sides, from the investor and the contractors. 

A "luxury" bathroom might translate to higher STR rental amounts - but that has never been a high criteria for me when seeking lodging.

This translates into a high barrier of entry: prices are high, and immediate cashflow is very hard to find.However, because of fast-growing rents and low cap rates, properties in LA appreciate at a greater clip than in your typical Midwest market.

I agree, @Tom Gimer.Back in the days when I’d speak at western R.E. conferences and clubs, it was fun to help California based investors walk through an estate issue.However, it did not “translate” well at the national level.