On paper returns, look excellent but when you put it into practice, you don't seem to get the same kinds of returns. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Is this a predatory practice by PMs?

Maybe I am not familiar the practice in your area.

CRE CLO is still regulated though.

Lately, we have been inundated with last minute cancellations, with the guest disputing the charge with their credit card company.  We are losing our appeals.  
We are able to demonstrate seemingly everything that th...

Quote from @Jonathan Greene: What are you looking to do in 2025 to grow, regulate, or downsize your portfolio?

You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.

Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.

This is my practice house because we are building a 4plex (with parking!)