Minis selling costs doesn’t seem like a great flip.

These salon operators sign leases with commercial landlords and then sub-divide the leased space into smaller rooms where stylists can set up mini beauty parlors.

It's the perfect storm for a mini-slump. 

My investigation of them led me to conclude it's sort of a mini ponzi scheme IMO. 

As I read more about your success I get more excited about finding my 2nd deal and further building my mini real estate "empire". 

Some suburbs, Miranda said, may wish to convert the campuses into a carefully planned “mini-town.”Some buildings could be renovated to accommodate multiple tenants.Miranda said that about the only type of company that remains committed to the suburban campus environment are pharmaceutical firms such as Abbott Laboratories or Astellas, which opened a new U.S. headquarters in Glenview.

But I also wouldn't book a cabin that is on top of a mountain, up a steep one lane mountain road if my only mode of transportation was a FWD mini van in need of new tires.

As both my brother and sister lived in California they left the "management" to me, although my brother and his wife made a couple of trips down to do re-roofing and other big jobs.Unfortunately the other acquaintance lived nearby, our work speeds and methods of dealing with "difficult" tenants did not mesh very well, but we were in this deal together for about 10 years. 5 years as landlords and 5 as mortgagees.The "mini-REIT" appealed to me for the reasons you mentioned, reducing risk and expanding more than would otherwise be possible.

Many long days and many sleepless nights.I started at zero and have been so fortunate to work with some amazing investors, brokers, a supportive family and many other things that I am blessed and so grateful for.As I reflect back to that day when I quit and officially became self-employed or unemployed depending on how you look at it, I could have whined, moaned and complained about how things weren't working out or people didn't want to invest with me or I couldn’t find any good deals, etc. etc.When things weren't working for me and in the beginning it seemed like a daily or hourly occurrence, I often had to do a mini mind-reset.I constantly reviewed my WHY.

Yeah I remember when there was sports cards stores popping up in mini malls.