Paperwork on the 1st one was pretty intensive, but I streamlined it down from 20+ docs to less than 10, and I feel really good about it.

I am looking to leave my W2 because it is an extremely intense and unhealthy work environment.

I have 5-year-old twins and am an agent full-time, so I have been concerned about getting into rental situations that are time intensive.

my name is Jamiel Strickland. 22 years old and just starting offWhile studying economics and business management at the University of Michigan-Dearborn, I also played collegiate level basketball.

Seems a bit more labor intensive than the standard pre-fabbed cabinets from HD or Lowes and I'm wondering if I will get charged out the wazoo for this type of thing?  

However, the competition had gotten so intense (saturated as previously mentioned) that nightly rates have dropped significantly.

Capital intensive, market fluctuations, dependent on lenders/banks, hard to lease, lack of cash flow, dealing with all the people you have to contractor, townships, realtors..... the list goes on.....

It really all depends on what your time is worth to you, how risk averse you are, and what your end goal is.Starting with smaller MF and scaling will certainly be more time intensive and expose you to more risk, but my two cents is that it's your best bet if your end goal is to one day syndicate deals yourself.

Cabin rental business is a full time job and can be more intensive to run than a larger multifamily type investment.A guy that I bought my office from years ago was in that business for decades and told me all about it .It's not something I had interest in.

My properties in B and A-class neighborhoods have appreciated way more than the ones in the C class neighborhoods, and are much less management intensive.