Thanks so much in advance for your help—I’m excited to be part of this community and learn from all of you! 

I’m excited to share a bit about my experience purchasing and operating a laundromat.

I haven't been this excited about something since starting Jiu Jitsu classes 10 years ago.

Welcome to Chicago and excited to have you as part of our real estate community!

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

Quote from @Joe Vang: I was really excited to use Truebooks when we first hear of them. 

That makes me nervous - because if the investments could be proved up to sophisticated investors why hunt for the guy who gets excited seeing 45%?

These details and the creative aspect of an STR seem like they will be an exciting avenue. 

I am excited about gaining more knowledge and deals! 

I'm excited to learn more and get the process going!