However, from a real world day to day experience it's a totally different animal.

Managing a short-term rental (STR) remotely is totally doable with the right systems.

Quote from @John Reagan Johnson: I am new to the real estate industry and am looking to connect and exchange businessIf you are new I would suggest something totally different. 

Earlier in the thread, it appeared to me that some of my underlying reasoning wasn't either being addressed or was told it was just completely wrong (simply from the total response in the thread), kind of throwing me into a state of cognitive dissonance.I am actually completely okay with NOI covering costs.

Especially if they put in $35K, or what amounts to most of the then total of their liquid wealth.On the other hand, we saw experienced investors with really strong reputations scale from a few million to a hundred million, or, in some cases, literally billions of dollars, in AUM at the worst possible time between 2019 and 2021. 

Even more exciting, the total new-home sales for 2024 came in at an estimated 683,000.

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

I'm so glad you brought up trash, totally slipped my mind in my eval.

we just poured 5 foundations in Columbus Ohio in the last month the total packages with sidewalks is less than $30,000 and that's cheap.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.