Some areas of the west coast are allowing multiple units to be built out on a single parcel and in these higher COL areas, it's a boon for the homeowners, renters, builders and even for the local governments that are collecting the building fees.

Collect money, not properties.

Shoe collection and wardrobe that's way beyond what my budget affords. 

Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

REI is about collecting dollar$, not properties. 

Hot tub is notorious for collecting bad reviews. 

I am no professional here, just explaining from my experience.. first, insurance starts claim and they send adjuster out to assess, check damages, and collect documentation.

Basically, they suggest to buy a property with very little money, collect the cashflow, then refinance to pull money out of the property, buy more real estate for more cash flow and quit the W2 they hate.The first flaw is that a lot of the books written before 2020 will tell you to analyze more deals until you find one that cashflows.

It is much harder to find a 2nd lien lender on an investment property and, even if you do, they are going to have maximums on the collective loan to value between both liens.

Airbnb collects $ millions in garbage insurance premiums from guests but only rarely pays out anything.