Both are terrible advice for MTRs as this space is becoming hyper competitive in most markets and the bar has been raised significantly by STR owners pivoting to the MTR space.

Now if you don't like long-term data, let's use last 20 yrs only, from JPMorgan Wealth Management Teams in house data, which covers a boom a bust and a boom and a pan-demic, typical for a US 20yr span. which gives us 9.5% nominal (REITS beat SP500 by the way), but the key number is the orange bar, 3.6%, That is what the average wealthy college educated client of theirs dose, hundreds of thousands of clients.

The neighborhood was sketchy with drug dealers nearby, burglar bars on the windows, mediocre to bad schools.  

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Industry average ramp up is close to double that 18 month bar @ roughly 3% per month.

The most common mistake, bar none, is to subtract the purchase price from the ARV, see a big number, and assume a huge profit.

Many people who have taken both that I've spoken with also say that the CPA exams are harder than the BAR exams if that gives you perspective.

This method has worked for thousands of years and is still the best option today.A job in Property Management has a low bar of entry.

We are happy to introduce you to property managers (under “build your team” in the nav bar at the top of your screen).

There's two I currently go to in Austin, TX: Every Wednesday at 12PM at the Jalisco's Bar & Restaurant in Buda, TX, and the North Austin meet up in The Brass tap bar near Natural Grocers on North Lamar.