We had to move to Jackson MS for one year to work on 220 defaulted loans I owned.. that was no pick nic..

Quote from @James Kerson: Well, boys, either you’ll never hear of me, or you can buy me a beer sometime when you do - though if and when you do, I’ll pick up the check.Now that's a deal 🙂👍  

The home has been doing okay Occupancy wise it is following the same occupancy as the average occupancy in the area so around 60-77%  but it is a new unit, this march it has increased to an 81% occupancy and April and May its picking up in occupancy fast so its a perfect time that I started this airbnb. 

I've been lucky to meet more interesting and experienced people who are willing to pick up the phone when I have questions and work together with me.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

There are many times the architect/engineer gets busy doing other jobs and forgets your plans at the city or delays picking them up/making corrections 4.

I'd love to connect and pick your brain about the area. 

Thats my strategy there ( by way of sqqq calls), basically selling all of my longterm portfolio and building up a war chest of 🤑 to go pick up options that I have a high degree of certainty will make some big gains (thanks to the inside scoop from youtuber meetkevin, I am a course member so I get his trading alerts.)I am sure that was probably a few more paragraphs then you would have wanted haha but yeah hope that helps and feel free to check back in i will be honest about wins and losses.I am really most excited to dig into Kai Andrews' course.Cheers folks! 

If you're going to self-manage you should definitely pick market(s) that you are familiar with.

Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @Scott Trench:So there is a lot of incentive from some big long established entities in both syndication and banking/finance to just sit back, let others over-leverage and drive thing's bust, because picking up the ashes is more like picking up the gold.