It doesn't have to be one extreme or the other.

"Question: have you ever filled out a spreadsheet of cost and lifespan of each product of a property?

No AI, no software no gadget, no magic pocket list, no nothing.The only way to reliably and consistently get in touch with motivated sellers is for YOU to make it extremely easy for THEM to find YOU!

What was your investment and what type of return did they offer you.I have no problem people losing money if they were expecting excessive returns on high risk products.

With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR  on what I am looking for; then I am confident pulling the trigger quicky. 

In 1997, I don't fully understand why, the City of Denver paid the golf course owners $2mil to rezone this parcel as a "conservation easement" this was extremely restrictive zoning and meant it would essentially be destined to be a golf course for eternity 3.

I am extremely sad and not at all surprised to hear this.

It's been extremely underwhelming, not that costly but it's pretty bad. 

We've been extremely lucky with our first tenant- she is wonderful.

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).