., I would do a search on here for Galveston and you will find some info.There are a lot of STRs there so you will be forced to compete on price so self managing is going to be the way to go.

I do measure my cash on cash return for my business and for each property. 

Just do not do something that will cause people to not want to do business / controversial.  

We're closing next week on an event venue with 10 lodging units on-site. 

I don't have it replace common sense or creativity but simply have it do the things im already doing 10X faster! 

Hi Everyone,I currently have a couple rental units and i am looking to do another Brrrr.

We will also have a moving business as a complementary offering to our other services and to better monetize the moving truck we will be buying.We likely won't formally "launch" all of our services for a couple of months because we do not have a truck or storage facility quite yet, but we do have a furnishing list in google sheets that I wanted to share in the meantime - this is a full list of everything needed for furnishing a property, complete with amazon links, prices which update dynamically from amazon, and calculations showing the total cost.

The key is doing your homework, just like you are re doing now.

We plan on doing this every 5 years once we gain equity back.

Investing in real estate is a great way to generate passive income and wealth if you are in a position to do so.