Santarelli as an absolute industry expert (podcast, websites, press, social media advertisement) cause investors to have a false sense of security.

Two, (not mutually exclusive) approach’s.  

I've been doing a moderate level of research around the housing industry and I am very excited and eager to jump in.

We all know the auto manufacturing industry left.  

The Sampling Method is typically used for properties with nearly identical blueprints such as fast food chains or nursing facilities.EXPERIENCE OR “RULE OF THUMB” APPROACHThis approach is based upon the specialist’s experience in the industry and their ability to estimate the costs.

Well known in the MH Industry?

Although I don't have much experience in this field yet, I am passionate about real estate and hope to continuously learn and grow in this industry.

Its a hard explanation on this part of the industry however I have decided to stay away from real estate and continue my path investing in the SMP500.

I am admittedly a newb in the process of getting all of this set up for my first rental (so correct me if I'm wrong) as well but I have some IL-specific perspective to offer: From what I have read, as of 1 Jan 2024 in IL, landlords cannot exclusively accept EFT payment of rents (includes Venmo, Zelle, etc.) for leases starting on or after that date.

You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult.