Some things that make a rental appealing 1 - pet policy (pets or no pets allowed)2 - number of full bathrooms 3 - number of floors (single level vs multi)4 - backyard or lack thereof5 - school ratings (higher the better)6 - crime ratings (lower the better)7 - location to highways8 - amenities (parks, pools, trails, lakes, etc)9 - location to place of employment.10 - age of the property 11 - appliances Just to name a few.

Thanks for your reply mate,Nobody is telling the little guy not to invest.I stressed what I think is a safer way of investing.If our turnkey model allowed leverage, we would have 10xed our business since 2014.I just don't believe in the model and me saying "all cash" is definitely not benefiting my company...To your example, the investor uses $100,000 to buy 4 properties at 90% LTV and a black swan event like Covid or interest rate hike happens and 3 go vacant and 2 need major turns.Then what?

Looking into purchasing a home in Tupper Lake for a STR. 

If you would ever like to chat about rentals in Grand Rapids or Short Term Rentals along the lake feel free to reach out.

We are the second fastest growing metro in the Great Lakes region.

I would look to go north along Castle Rock Lake or even up around Petenwell. 

I’m in a smaller town near lakes.  

What is the black swan event to worry about?

But I would suggest that most of these “programs” put together by the notorious real estate marketing companies located in Salt Lake City, or Las Vegas are well vetted by legal council and do not commit legal fraud on its face.  

Purchased a rental in 2019 as an investment in Salt Lake City.