Hold on and get ready for light speed payments! 

However, I'm now reading Dave Meyer's book Start With Strategy to learn more about whether long-term residential rentals is even the best approach or if I should be looking into other strategies, in light of my overall goal.After Start With Strategy I plan to read Set For Life by Scott Trench, but what other recommendations do you guys have at the strategic level?

It's usually a CMA with slick looking brochure on a nicely printed color pamphlet from the RPR generated data.Nail the business model first, iterate, and proceed with your passion. 

Though we haven’t closed our first deal yet, we’re ready to jump and pull the rip cord as soon as our coach gives the green light!

I couldn't find any threads on BP that mention him in a negative light, is he another charlatan?

I gutted it and added new drywall, new light fixtures, new bathrooms, new paint, new kitchen, new furniture and new flooring and new windows.

If you are trying to maximize space you may want to consider convertible sofas and/or one that has a pull out option.As far as material my preference would be a darker neutral color microfiber that would be easier to clean.Possibly most important is looking for one that is commercial grade for durability.

I’m considering purchasing five units in an eight-unit light industrial property structured as a condominium.

I dont believe there is any kind of HOA or ruling organization for these group of houses but it has me concerned that if one day they all decide they want to repave the driveway or add lighting or something along those lines, they would try and make everyone chip in and pay their fair share. 

Also AirBNB stocking fees, maintenance, cap ex.But at the same token know that the principal portion of your mortgage payment is actually not a true expense so there is that benefit to doing all of this even if you are light on the cash flow or break even.