Skills or qualities in no particular order: Communication, patience, empathy, listening ear, backbone, resilience, determination, organization, work ethic, lead a team, thick skin, time management, trusts their instinct, and all-around good ethics! 

Trustin your PM partner is important and they will follow your lead, so don't expect them to provide you with your business plan. 

My company now just me and two staff and we are about 20 mil in short term JV deals with higher profits and what most would think is higher risk. 

Focusing solely on numbers often leads to the purchase of low-quality properties.

I think the unsuccessful and struggling units who have not jumped ship yet will continue to do so, leading to less supply, increasing demand, and a better year for the successful units. 

@Bud Gaffney  short for Medium term rental,  or mid-term rental. 

Hello,I am in the Tampa Bay area and I own a quadplex. I also manage another 10 units. I am seeing a decrease in nightly price and demand for these units. Any insight? Anything I am doing wrong? I do not make enough m...

Hi All - I found a lead on a MFH (5+ units) that is a short sale.

i'd pick a market close by, or that you have a personal connection to, or that you visit often.chasing cash flow by itself can lead to negative outcomes - for example, these investors bought in supposed "cash flow" markets:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...hope this helps.

Short term rentals in St Pete are technically illegal but it doesn’t stop hundreds of other investors from doing it.