The type of property can influence the risks you face, so coverage limits matter.

I’m still learning the ropes of property management, so I really appreciate the opportunity to exchange ideas.At our property, we have a structured screening policy influenced by the Federal Fair Housing Act since our location falls under its scope.

I'd say everything else is the consequence of the 2 points above - the weather and the state of economic affairs influences everything else, including safety, infrastructure, the condition of housing stock, etc.

The five people you spend the most time with will influence you.

What changes did others incorporate into their leases that were influenced by this years tenant interactions? 

I'd be interested in hearing from condo investors about why this real estate product makes sense even with the low COC returns and HOA fees that cannot be influenced?

Meetups are great, do your diligence on gurus as much as your would anything else in real estate, but you have to remember some of these gurus are worth a lot of money and have the knowledge, training, coaching, and most importantly network and influence to help accelerate your business. so are they expensive .. yes.. could they be worth.. yes, depends on you.. your ability, and progress. but if you dont have money, then i suggest learning everything you can for free, go to local meetups and reias that dont pitch and connect with as many experienced investors as you can, you may connect with me as well, my contact info is on my page.

On the other hand, true private lenders are not professional lenders and hedge fund type lenders (which is what hard money lenders are), but instead are regular people in your circle and sphere of influence.

They are not the passive income dream that some influencers will have you believe they are, and getting a “free” laundromat likely isn’t as good of a deal as it might seem.

It might be an improvement over TikTok influencers and self-proclaimed gurus, but not by much.