GP is more important in many instances than the property and that is playing out big time right now.

Going to take some time but I’m hopeful to help make downtown a place in excited to bring my kids to and for them to know their dad played a small part!

I never had that come into effect on my single family home purchases since I never wanted to personally be on the hook for such a high mortgage, but I think it might come into play for an MFH. 

@Derek BuehnerThe timing of your improvements plays a big role in determining their tax deductibility.

Quote from @Devin James: Quote from @Justin Stamper: land entitlement is a great move in florida. just gotta have deep pockets to play!

These are set it an forget it plays. 7.

The property cash flows and I could definitely see each investor making at least $1000/mo with the most hands-off approach of renting to an operator and much more if a person ran it as STR or LTR and it is a great diversification play for me as Costa Rica should see much better appreciation than the Midwest, but if I were to cash out I could see five times the cash flow because of the power of leverage.But I think you hit the nail on the head in saying that it is a lifestyle type of investment.  

That’s where details come into play.

As you mentioned those specific details about MTRs geared toward traveling healthcare professionals, these are things I think would help us tremendously as landlords because we play both roles.

I can't recall one ever sticking around to play it out.