I understand being in high cost market and it being difficult to buy but the "cash flow on paper" inexpensive markets is a gamble.

Hey Celine, from my understanding its very difficult to grow a portfolio of short term rentals using the BRRRR method as an out of state investor.

It also becomes more difficult to separate out construction related liability when there's one partner who is responsible for the construction management. 

We want to believe in the best in you however its been a difficult situation we have all found ourselves in.Being a stand up man, being human, and understanding you are destroying futures of families and people who had nothing but good intentions to work with you.

Its a great area for rentals and investing but difficult to find good deals.

In some instances, it was difficult to locate the source of the high water bill, but ultimately, it was discovered that there was some leak on the premises.

I point this out not to denigrate Ray, but to illustrate how so often it's very difficult to predict the future of real estate.

Finding talented preparers was difficult and took longer than expected.

Getting someone to leave the house in Florida while in foreclosure is difficult. 

One question that always comes up is: "how difficult or easy is it to place properties into and out of the portfolio".Mike