Baffling what "paperwork" they think they need to be on.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Depends on rhetoric vs reality.

Do you use a “book” for information or an online service ?

This is Spot on, It was actually Kavi that I was referring to.

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

Here is a recent bulletin from PSI with more information on the exam & requirements for becoming a broker. 

Congrats on turning that boutique motel into a success!

If it would concentrate on rent collection only and do it well, it might be okay.

Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.