During the past four years we've sold over twenty five STR's. 

You either get your money back plus interest or a deed to the property shows up in your mailbox with no additional work required.I got 3 properties last year. 2 houses and an acre of land.I sold one house as is with a QC deed, the other house my 2 adult sons have bought from me at cost.

I just passed my real estate broker's license and am ready to hang my license in Colorado .

Hi @Melvin Maxwell - I know I am a few years late to the party here...

Why we don’t like ARR (Average Rate of Return)It’s easy to skew the numbers.Here's an example of a positive ARR of 12.5%, but the investment loss is $50.Year 1 Start Value: $100 End Value: $25 Annual Return: -75%Year 2 Start Value: $25 End Value: $50 Annual Return: 100% ARR = 12.5%Am I missing something here?

I am managing and maintaining 10 units currently and have been for a little over a year so I am starting to get a feel for things.

Those licensed in multiple states, how easy it is it to get a license in another state?

I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter. 

Does that sound like I am doing this right or should I just buy the property subject-to with maybe a one year balloon, then just bite the bullet and close on the property and once it's fixed up turn around and sell it again.

You should be going to one a month, at the very least, If you do 1/month for a year or 2/month for 6 months, you will have partners, colleagues, and friends and won't have to ask this.