It's good ol' fashion hard work and due diligence.

You’re also assuming that the appraisals were logged, which it’s possible that they aren’t in a timely fashion.

They were not explicit that the shed on the complete (left) opposite side of our home from their house (we thought it was simply storage for us) is their ‘work shed’ where they congregate, repair, and ride motorcycles.

@Jaime Velez Hey Jaime, PR is different from US real estate on how we handle things so you're in for a ride.

I think the main takeaway here, which is relevant for everyone with real estate - not just STR - is to have adequate reserves and minimal costs in order to ride out waves.

It's very unlikely that a wholesaler will allow you to do a ride-along on a wholesale deal because the relationships are often dicey in the timeframe between wholesale contract and end buyer.

Most lenders will want to see two years of self-employment income before riding alone to you.

If you want to pay for the investment and wait for rents to give you a +CF and ride the appreciation yes appreciation does build wealth faster than CF. 

I'm new to REI and was thinking about taking his course. i joined the a+e mentorship program about two weeks ago. i attended the ride along in august and have been implementing everything i learned since that day (there's a long list of things i have accomplished based on the information the ride along alone). when i felt like i had reached a point of needing more guidance, that's when i decided to join. it is definitely worth it. doug is an amazing teacher, humble and if you put in the work, you definitely will be successful. 

I guess the worst part to me comes if they have no desire to sell the land and still insist on dumping trash.I would love to own the property to make sure that trees aren't clear cut by the ever nearing farmlands etc. and eventually make it into a park where people can hike, ride mountain bikes, etc.