Prioritize your financial stability.

And watch out with scents—unscented products keep everyone happy.

Before you build a pipeline you have to get your experience in sales conversion and knowing how to find the right product for any client you may encounter. 

This tactic is unlikely to be productive when there is a large delta in rate.

I'd be interested in hearing from condo investors about why this real estate product makes sense even with the low COC returns and HOA fees that cannot be influenced?

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

The flip could build your confidence fast, but the duplex might offer long-term stability.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I think they've done a great job of building their product and if you already have a property listed on Airbnb, it's super easy to import to MiniStays (though it's not difficult to list your property there if you don't.)

+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.