@Bryan Hartlen I realized the fact that the operator doesn't recoup the cost of a new lease if it costs 1 month's rent.  

Success:  Signing a deal with First WatchFailure: Bought a retail condo, not realizing the low ceilings were such a deal breaker for a lot of tenants.Pain: A lot of turnover this year, especially in light industrialAha moment:  Mortgage note investing needs to be a larger part of my portfolio2025 Goals: Less Investing and more pickleball!

Since then, he realized that there may be higher risk in such deals due to tenants' unemployment, inability to pay rent, and eviction restrictions.

And we fail to realize that there are others countries in the region where investing in cash is more profitable than investing in the US or Canada with a mortgage.

Ive taken over loans for mainland lenders who were 20 days into the contract before realizing they could not lend in the Lava Zone the house was located in.

Interestingly, though, people who have experience with STRs seem more likely to pivot to the MTR strategy once they realize how much easier it is and how well the renters treat their units.

-They failed to realize the property had washer/dryer hookups.

So have you, ya just never realized it....Bidens plan was to soak everybody to pay for his failures...If the sentiment is "gotta get our fair share" that would be a vote for a significant tax CUT to the top 10%....... 

My safety and the security of my property are fair reasons and have my policy for all my showings- regardless of whether I’m a listing, selling agent or landlord.Finally, no I didn’t discourage an application; I wanted to say “we’re not a good fit” but realized this would be egregious on my part and simply stated the showing was canceled due to my not receiving the ID per policy (in so many words).I appreciate your input :)

Even if you rent at a break even or slight loss, if you could have 3 years of rental income offsetting your mortgage while realizing 3-6% appreciation, could be worth it, especially if you think appreciating for this area will exceed national averages.