And to give you some context on how "rich" the PMs are getting, in case you are wondering for your own PM business, the margins in this business are incredibly slim: We had about $1.3 million in rental revenues last year, and yours truly bagged all of $32K. 

It was forty minutes from my house, next to the beautiful Golden Gate State Park, fifteen minutes to the casinos of Black Hawk, fifteen minutes to the quirky town of Nederland and twenty minutes to skiing.

It is accurate that Hilton MGT. only allows owners to use the unit for 21-days/yr, while the rest of the 344 days, it will be generating income for you.The Hilton Convention Center and Branson Landing Condos offer benefits like garage parking, close proximity to restaurants and attractions, and beautiful locations, some units with lake views.Monthly dues are $300+/ mo. and those dues include things like:Building InsuranceCommon Area MaintenanceSwimming Pool & Exercise RoomLawn Care / LandscapingSecurity ServiceTrash ServiceWhat makes these deals so difficult to pencil out is their management fee of 50%, which is significantly higher than the typical range of 15% to 40% in Branson.

The real estate in this case also happened to be phenomenal and McD's crushed it out of the location so not only did the interested parties feel that they could take a lower return in exchange for the lower perceived risk that McDonald's would ever close this location but they also knew that the underlying real estate had inherent value and they wouldn't be left holding a bag if McDonald's ever did close that location.I would also note that there are other things to be cautious of when reviewing deals on a cap rate basis.

Hi Christopher, yes, Kailua is beautiful and you are right about gov't attempt to limit STRs outside the resort zoned areas.  

The beauty is that the transaction can benefit all parties, and they can be structured to make the deal work.We wrote a book called Creative Cash that focuses on creative financing rechniques

In a pot i put quinoa, a bag of mixed frozen vegetables, lots of water, 2 bay leafs, salt, pepper, olive oil, 1 lemon, black pepper, italian herbs, 1 habanero (which i pulled out later).

There's a huge active church on the block that looks beautiful but isn't too busy so there's plenty of parking most days and there's a big elementary school on the next block so again, plenty of parking and it looks nice. 

It is a beautiful tract in the Smokies, on 2 acres, and 300 feet of Cosby Creek, a nice trout stream. 

This bag of paper is leaving me a funding gap on my buy side (1031 exchange)