I’ve run numbers in detail for friends who’ve been looking to get into identical rentals as I manage: the numbers don’t work, even self managed or when transitioned to MTR or LTR.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

The 401k loan is simply stealing your future income and spending it today.

However, in my market a nice unit can easily collect $120,000+ in rent (not taxes, fees, or other pass through costs) and when the locals demand 35% commission my 20% is a steal and isn’t a whole lot more work for the 25k+ a year I’m making per property.

Rent is 8200 (non-negotiable)   He has had lottery guys steal cash from drawer etc- last November. 

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hawaii.

Purchase price: $1,720,000

We are seeking recommandation on single family house, rental insurance company for Honolul...

I did put in all my channel descriptions "Host requires identity confirmation before check in".thanks, Paul (from VA Beach)

I don't know the particular company you referenced, but all of the criteria sounds nearly identical to what a number of other companies are doing wherein they have you fill out an application and then use your information to apply to various credit card companies on your behalf.

Just like with electric cars, nobody wants to talk about the true costs, the poor people (aka: slaves) digging up the materials, the damage caused by the manufacturing process, that solar only survives because our government steals money from its citizens to prop up the entire industry, involvement of Communist China, etc.If you want to use this technology to feel better about your carbon footprint, go for it.

But I took the question about "passive income from NNN" and copy and pasted the question into Bing AI (which I think uses ChatGPT 4), and the answer it gave me was in part identical to Kislay's answer.