@Wes M.10% down, 3/2 single family, sleeps 8, bought for $455K.2 blocks from the beach; amenities - 2 pools, club house, tennis courts, basketball court, gated community, etc.

Now that the intense year is over, I'm roarin' and ready to go with some real estate.

that about nails it.. the OP thought process won't work in the states.. you can't pre sell land that is not platted.. you can take reservations but you can't take their money.. now you can and we do get some non refundable EM from the national builders.. but that might just be up to 10% or so and that is after improvement milestones have been met.Bottom line.. cash intensive.. time intensive.. some jurisdictions like maybe Texas you could get land development done in a year.. but on the west coast 18 months to forever is the time lines.

Now, Erik's story is A LOT MORE complicated than I just described, but I knew in that moment that I had found someone that I wanted to get to know and that I wanted to know more about self-storage investing.I was living in Las Vegas at the time and working a very intense W-2 job.

Bleachery and Indian Trail began with the same intensity as Willowood, but our small operation struggled to keep up with 2 flips.

I've been looking intensively in Tampa, but there's practically no inventory in neighborhoods that work here.I am considering listing a potential unit on Furnished Finders, which has an average length of stay of 90 days.

Cheering you on before court cases, feeling your intense, frustration, and right at the end, you are delivered good news that made me celebrate inside. 

But in the scenario I'm outlining, you have high maintenance costs, you put in lots of labor-intensive management and renovation...but although there's plenty of cash flow, when you go to the bank to refinance, oops, sorry, we can't loan on your crapshacks.What is the real value difference between having a property that you are able to refinance in your portfolio versus one that you can't?

Concrete is cheap, sometimes, but labor intensive to make, and requires regular waxing.

I see the same happening in other markets but it sounds particularly intense in Cleveland