It's all about treating your real estate investing (REI) venture like a business and focusing on the fundamentals.

So, now you are up $0.75 overall.I understand of course there is the principal of the power of leverage, paying back with future money/rent, and being able to scale multiple properties that are amortizing/appreciating, etc.Otherwise, fundamentally my thought process makes sense, right? 

How can I accurately calculate NOI when the experts can't seem to agree on the fundamentals?

Like I had said, there is nothing fundamentally wrong with the process.

I'm sure it's a much more useful tool than I give it credit for but if you are starting out in real estate or the str game (as indicated by the op) my suggestion is that you need to build on the fundamentals of real estae investing and learn your business not learn how to navigate a tool that may or may not provide value to your particular business.

Theyve said it 3 years ago & they’ll say it 3 days from now too lol.While yes, it’s always possible that the economy could experience some unexpected harmful event &  a recession or market correction could come, if you look at real estate now in kern county the fundamentals & market conditions are much more stable & different than pre- 2007/2008 crash conditions. 

Fundamentally, STR is a great space to be in as we recover from the pandemic for a litany of reasons.I recommend following Richard Furtig on YouTube and buying your prospective Zip Code on AirDna.co for Market Data.Richard Furtig has multiple properties in the OBX and has a treasure trove of info on STR ownership on YouTube. 

Fundamentally different from a DIY job with cheap stuff, mismatched glue and non expert install.

With a strong desire to build a solid foundation in this field, I am keen to explore various investment strategies and learn from experienced professionals.As a new investor, my primary goal is to understand the fundamentals of real estate investment.

I really want to focus on fundamentals of house hacking and would like your opinions on which podcasts may benefit me best.