What Does it Take to Achieve the Dream of Full Time Real Estate Investor?

@Traci EdwardsHow much are you looking to raise and how much can you put into the deal?

If they cannot follow that simple step, how do I expect them to take direction from my ops team or show up on time?

Look how many died in the Great Recession which was nothing as severe.On the other hand, the debt-free ones will be in a much stronger and better position to survive (because they have no debt payments to make).  

Right after I closed on that one the insurance company demanded I make a couple thousand dollars of repairs.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Okay so is there a need for an LLC which has some terms in the operating agreement? 

So you would either need to learn a lot about how to be an awesome STR operator and you would probably need to put into your home $20,000 to $100,000 in adding furnishings, design, and adding amenities to make the property desirable.

What are the steps to getting this accomplished?

The 50% rule - in my opinion- is used solely as a quick back of napkin calculation to determine if it is worthwhile to do more investigating of a property.