Appreciation on the other hand is the biggest piece of the real estate pie.

Here are the biggest mistaken assumption unsophisticated investors make when contemplating an investment in a deal1- that the Sponsor is an expert in the field of investment2- that investments, economic markets, financial markets are predictable with any accuracy3- that PROJECTED returns are PROMISED / GUARANTEED returns4- that because they NEED their investment to be liquid the sponsor will provide said liquidity5- that the “deal” is more important than the sponsor. 

How did you decide on this property, and what’s been your biggest learning from this project?

Our biggest problem is getting her out so we can do a proper rehab 60 days of dead dime waiting for her to vacate is not Ideal obviously. 

When you say without luck, what's been the biggest bottleneck?

Once it’s set up, though, payments tend to come like clockwork, which is one of the biggest perks.That said, it's important to remember that rent isn’t necessarily guaranteed forever like a lot of folks assume.

That is the biggest challenge I have with my clients.

The biggest win seems to be the fact that investors will be able to buy existing STR's and carry on with the business.

After 20 years I have seen the biggest and baddest investors come crashing down running away with their tails between their legs.  

It's an awesome way to jump into RE yes its scary at first but as long as you have a criteria going in it eases some of the emotions during the process my biggest thing was lower my cost or keeping it the same.