You will likely have a partnership for tax purposes and have to file a partnership tax return and keep business-style books.

For properties with a remaining balance or if the goal is snowballing debt, this loan style works much better.

If you’re a relatively inexperienced RE investor, I suggest you try renting out your home first to determine if this approach suits your style.

This is known as “speculating,” and it isn’t much better than getting in your car, driving to Vegas, and betting all your money at the poker table.

If it's anything like the Las Vegas market, a "resort casino" specifically could hamper your STR potential purchase pretty substantially.

Bet it all on black in Vegas?

Approaching 30 MTRs in LA and some in Vegas, I've learned a lot from Allen, who also recently launched a free Skool Community where he has weekly Q&A sessions and provides long-format content on how he operates his MTR business.If anyone reading is in NJ or has an interest in MTRs, the above folks are the go-to people!

Any way  so in a short hand way I agree with you on stopping to smell the roses when your young enough to do it.. but many simply dont have those choices they choose a job that they must keep at until they can retire and maybe  a week vacation to Hawaii or go party at Vegas is some highlights. 

Gray was such a style back in 2018 until 2021.

Minimal Airbnb Rental Competition:Hotel prices in Puerto Rico remain relatively expensive and Airbnb style rentals are scarce.