Many here are passionate about helping others succeed, and that sometimes means sharing hard truths.Again, welcome aboard!

I recognize how much work is needed to succeed in this industry, and thanks to the US Army working hard has never been an issue for me.

While a small (very small) portion of real estate investors who enroll in any course, succeed, the few successful students are used to draw in other students who likely will not succeed.

@Jarrod OchsenbeinIt's great to hear that you are succeeding with the co-living model.

We found that two key factors significantly helped us succeed with our short-term rental (STR): using NightlyPricer instead of AirDNA and opting for Safely Insurance.NightlyPricer: Rather than relying on AirDNA, we chose Nightly Pricer, which provides more dynamic, real-time adjustments based on demand, local events, and market trends.

There are a lot of ways to crash and burn, so increasing the odds of succeeding long term should be your highest priority. you can always sell your local assets once you're comfortable managing rentals and ready for a market that better-suits your criteria. btw, kudos for being self-aware of your limitations.

To succeed with the BRRRR strategy, focus on buying properties at a discount, work with trusted contractors, and plan for refinancing timelines.

While living with tenants can pose challenges like privacy concerns and tenant relations, clear boundaries, professional management, and proper tenant screening will help you succeed.

I knew pretty quickly that he had built the systems and processes to succeed.

If you live in Vegas and can self-manage the property, I'd likely recommend sticking to the market you know and have succeeded in.