The investors all are going to turn it into something else - low income housing , student dorms, self storage, transient housing, drug treatment, etc.  

They are there to help you as you have requested, but it is still your business and you yourself are ultimately accountable for its success or failureLetting your property manager own the property listing on Airbnb is like a head chef letting the dishwasher set the menu at a fancy restaurant.

To me, it's a fancy form of gambling. 

I've known relatively new and extremely fancy houses in Madison County that developed the same foundation problems.

College COULD give me great education, I'm just unsure if the dorm life or the fees are worth it.

With hundreds of people joining each month at $20k per person, the hundreds of millions of dollars should be invested into paying customers- not a fancy office and inexperienced staff that are probably getting paid minimum wage or low hourly rates. 

This means EVERY house, home, hovel, apartment, and dorm has mold.Frankly, I would be very generous about letting them out of their lease so they can go find a mold-free place to live.

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

And many if not all of them started in their hometown or area they live in.So please, do not pay a Guru $15,000 (yes I have seen these crazy figures) to tell you to buy out of state or some other fancy RE "trick."

“ I’ve noticed new people also make statements such as ‘“they opened escrow.”This is just my opinion, but I do not think it is helpful talking fancy to sellers..