You’re already ahead of the game!

You don't own any homes and you're currently renting but would like to get into the buy and hold game with rentals.

I’ve been in the game over 20 years now.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Quote from @Kyle Anderson: Hello Friends,I am new to the STR game and I recently bought my first place a couple weeks back.

Keep your eye on the long game, take action step-by-step, and you’ll be surprised how fast momentum builds once that first property is in place.Always happy to chat more specifically about markets or run deal scenarios side by side! 

I am definitely looking to get in the game here but just trying to test the waters and see if it is a long game ie 6 months or longer.

Gotta love those “gurus” selling the dream of passive riches while they’re the ones getting paid up front.You’re right, though — if it were really passive and easy, everyone would do it and there’d be nothing left on the table for people who actually treat it like a business.Out of curiosity, what’s been your biggest real-world edge in staying profitable when so many newbies flame out?

It has a detached garage we could make into a game room.

No room for increasing rent at its current prices.There is a 3 car garage which could be a game changer, if I could rent that for another 400 per month as storage, my cashflow is excellent.