We won't lend without some skin in the game.

If a tenant refuses to pay, one wrong move on an eviction notice can reset the process, causing your friend to lose months of rental income.Courts tend to favor tenants who can prove the landlord failed to follow legal procedures—and without experience, it’s easy to make costly mistakes.The Harsh Reality: You Have No Skin in the GameYour friend is putting up the money, the risk, and the liability.

And I feel the ideal portfolio can benefit from the diversification of both.1) Holdfolio isn't a match for me, personally (due to not enough experience, skin in the game, etc).

Adjusting pricing dynamically with Pricelabs is key for staying competitive.

That may help you make a decision.In Texas I expect DFW and Houston to continue to have some of the best dynamics. 

Concern: LA’s landlord laws, headaches from self managing, a good deal may still have tenants occupying it, if I ever leave it's an alligator so it costs more than the income it makes3️⃣ Out-of-State Rental – Get skin in the game sooner by buying a cash-flowing property elsewhere.

Nightpricer is dynamic pricing software created by vacation rental managers to save time and find the nightly pricing “sweet spot” that maximizes revenue and occupancy.

WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.

This makes it impossible to pull ALL cash out and REPEAT with my initial capital as they want some "skin in the game".Am I talking to the wrong people or was I under the wrong impression that BRRRR's involve all cash out based on solely 75% or 80% ARV?

To play devil's advocate (and keep in mind I have no skin in this since I'm in a different market):-You want to tailor to investors, then be prepared to sell at an investor price.