Now he's got a sweet setup that's bringing in steady Airbnb income.Given your interest in alternative investments, I think there's alot we could chat about.

This is because it was poorly converted, improperly done, "patched up" over time, and might have mixed up mechanicals etc.

Also, you mentioned the property is not FHA compliant despite being in a FHA priced sweet spot.

I have a mix use building in CT. the ground floor tenant is a bar/restaurant that recently moved in. they got a $2M General liability insurance and is asking if that's enough. or if they should get an umbrella. the property is valued at around $700k, fyi. where can i read up on best practices for such a case?

I do advocate for mixing SEO w/ a strong offline strategy because they work together so effectively.  

Consider areas with job growth, as they usually lead to good returns.Feeling Ready: Confidence comes from a mix of education and action.

I think I have a good but expensive system of finding the sweet spot of ADR / Occupancy, but I think that is the most difficult part nowadays. 

NOI/Purchase price = CAP rate (what's typical in the area for similar building types/unit mixes Can the area demographics support the rental increases? 

Depending on what you're looking for, you can find a good mix of affordable properties, especially in the under $200K range.

An example of this would be mixing your personal money and LLC money in the same bank account.3.