Do they do worse due to higher fees and lower per-night rental rates?

Nightly fee + cleaning fee.

Hi Dylan,You could go to W2 work for a year for an industry biggie, such as Greystar or Pinnacle (market rate properties) in Texas, (or where you are at now), for a year as a leasing agent and (boots on the ground) learn how to lease units, as well as get an understanding of how to be a first class property manager Learn things such as, how to handle maintenance, reports, people skills, evictions, cash flows, unit turns, problem residents, borderline qualifiers, flag flyers, parking disputes, physical confrontations, arguments, personal safety, etc....That would chunk out your 1st year requirement as well as put some money in your pocket while doing it.And if the economy nose dives, ride it out on the W2.Just my 2 cents.

Areas I would not want to go to by myself at night where I need to be afraid of the things Matthew just mentioned. 

Try to find some of the "newbie" content and then you will begin to dive deeper into topics that interest you. 

Last night was a great start to the week after meeting at Jimmy V's in downtown Raleigh, NC for the Welcome Reception. 

Should I keep looking for Apts to rent, should I dive into the idea of purchasing a condo instead?

The Tidewater Real Estate Investor Club meeting topic for next Tues night is on lending.It would be a good place for you to get some good ideas.  

I just completed my first BRRR as well, and boy, I did not sleep a minute the night before my appraisal! 

The worse part is; after wasting your time and losing sleep at night you will never get one penny of your money.Go to the court and find out how to garnish your ex-tenants wages since you know where he (or she) works.