You are like many others who are getting started and unfortunately your generation is screwed because of the amount of spending is older generations have done and put the debt on you which also has led to record inflation.All you can do now is plan for the future and don’t force things but invest wisely when the time is right.

They take good care of the properties, but there's not enough attention given to pricing strategy and they spend money like nobody's business (not a problem when they were spending their own money on the master lease model, but a BIG problem when they were suddenly spending OUR money as the PM).

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

It’s better to spend a little now than risk costly mistakes later.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

Investing in area you're less familiar with combined with multiday travel can be more costly than spending more in your own market.

In cities like Cleveland, Columbus, and Cincinnati, you could buy multiple properties for the same $200K-$250K you’d spend on one in a pricier market.

It's even more frustrating as, during their stay, they mentioned that everything was perfect and they didn't even mention the sofa.The fact of the matter is that some people find sofa beds less or uncomfortable and so it seems to me that the guests might just have wanted to write an honest review and warn would be guests that our place might not be the right fit for people who spend a lot of time sitting on the sofa and want a comfortable.

I did not want to spend 50K on doing separate meters for where I have my rentals it would cost me this much.