These types of properties require experienced management to navigate the challenges effectively.

Jeremy is more like a capital raiser in some deals and I know he is super experienced.

But these programs: Extensive rehab, Multi-family conversion, these are programs for the experienced investor. 

Since new builds require upfront capital, you might not see immediate returns, but lower maintenance costs and higher rents typically make up for it long term.If you're serious about scaling with BTR, make sure you connect with experienced builders, property managers, and lenders who understand the strategy.

The compliance on these can be tricky, tread carefully or work with experienced funds.4) Death - Nothing is certain but death and taxes.

Assuming that is not the caseI would think that many of the posters are not very experienced with litigation, either civil or criminal.  

Start by researching local regulations and working with an agent experienced in vacation rentals.

He didn't learn Sub-To and other tricks until he was more experienced, and he had the money to pour into it and absorb mistakes.

Check out this recent thread on LLC’s, it’s pretty eye-opening that of all the very experienced investors on here, with centuries of investing experience combined, the consensus was that LLC’s are not needed for most investors:  https://www.biggerpockets.com/forums/926/ Of course gurus will tell you that you need one before you even have a single property, because it makes them sound smart.

Maybe screen better next time, or get a experienced property manager.