I've been buying EDV heavy for last 10 months whenever 10yr above 4.5%forward PE 16 on sp500 puts fair value SP at about 3800, so could be really bad for still frothy MAG7, so your MAG7 puts should really perform This entire time on the highest of high rate eras, not to be confused with a high rate era, people overextended the quality option on equities and weren't willing to take risk on-- small caps and BTC.

Definitely that was money making time in terms of operations and appreciation as well.Things have changed now, there is so many STRs now that people are renting for 100-150 USD a night which is like a motel price.Now it may make sense from the perspective of, if Poconos is where you travel a lot with family or you are buying full cash to park the money, or tax strategy or various other personal reasons could be there where it might make sense to invest there.But coming in from the perspective of an investor who are new or have little experience and are trying to build wealth from not too heavy asset portfolio.

It was a heavy value add deal at a great basis.

In fact, only 0.75 acre of it can be used - the rest contains of steep hills, cliffs, heavy rocks - no way that can be used for anything (I was fully aware of that).

They pitched to overworked middle class folks that they do "95% of the heavy lifting".

Hey @Austin Berlick from Austin hahaRenting by the room is definitely more task heavy than other forms of renting.

I've tried looking up this info on biggerpockets but there doesn't seem to be anything with heavy detail on this topic.

Construction and heavy reno will create/reveal problems you didn't know existed, have a healthy contingency and stomach.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

High touch" and customer service from an "impression" standpoint might suffer but all else could work very well.Automated showings is easy nowadays.Automated maintenance and scheduling is fairly easy nowadays also as long as you have a solid vendor list.Also, have to "teach" the tenant from day 1 on "How to" use and do all of these things so on-boarding instructional manuals are vital.Just my opinion but I'm seeing the world of PM go heavily in the virtual direction.Well, at least the smart companies are doing it.Less overheads and a heavy reliance on tech and automation.Unfortunately, tech has let me down much less than people have over the years...I had an in depth talk with our team and we pretty much only need an office to hold keys lolEvery one can work from home with ease.Granted, they got use to the smell of my cigars in the office hahaIs smoking allowed in closed spaces?

@Gary Barella that story hit home with me heavy.