Practice your pitch!

Oh, and the platforms are actually more friendly to the buyers than sellers. that is why they will take money from hosts on practically any complaint from a guest, or suspend a persons listing until they can prove/disprove any guest allegation.

There is also a big difference from someone who has been doing this for 20 years and someone who started during covid (btw i do not know this sponsor but have heard they have been around a very long time). lets not jump to conclusions in all practical matters, anyone promising s more than 13% is almost operating in practice like a ponzi.For Lane to issue a 16% dividend, he has to increase rent by 20-25% every year.

Ideally you'd be there too (or a manager if you had one) as that is best practice in my opinion, but being remote you just have to outsource everything to people you trust. 

What's really the practical situation.** Strictly restricting this for when doing comps between properties in the same sub-division **

They have rules and best practices about how we put these deals together which has collectively saved us from much of the pain being experienced right now in the multifamily space. 

I do think that having a contractor give you quotes is MUCH better, but often not completely practical or ideal either.

Without reserves, they might be unable to evict tenants or prepare the units once they are vacant.Great points—walking the property and speaking with tenants during due diligence is a practice we now prioritize, along with running tenant histories through eviction databases.

Wood has a huge variability in strength--between pine varieties, the stress which can cause them to fail varies by more than 2x and you can see 20%+ increase in strength as it ages.Then I have stress concentrations which will yield and then redistribute the load in practice, but not according to the calculations I'm allowed to do. 

I self-manage, but I understand that's not a practical option for most people.