We are in the process of evaluating the impact of the subpoena on the company, and during such time we have been advised by counsel that the company should suspend the monthly payment of distributions.What does this mean for investors?

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

The goal is to make at least $1,500 per month to break even.

This might be around 12 months but could be more or less.

We have a property in Grand County Colorado that we have a month-to-month lease to a local who has not paid in 4 months. 

During the pandemic I was working with several traveling nurses who were looking for short term rentals in the area, close to hospital systems, and were willing to pay 50-70% over market rent for 3-6 month leases. 

Here’s a quick breakdown of your options:Option 1: Sell and Buy Cheaper House with CashPros: No mortgage, no interest payments.Cons: Older homes, more repairs, possibly worse neighborhoods.Option 2:Use Proceeds as Down Payment on Better HousePros: Newer, fewer repairs, better neighborhoods.Cons: High mortgage interest rates, higher monthly payments.Option 3: Refinance and Rent Out Mobile HomePros: Rental income, keep property, can still buy another home.Cons:Landlord responsibilities, high refinance interest rates, market fluctuations.Consider market trends, rental demand, and your financial goals.

The location definitely was obvious, at least to me.I’ve hosted monthly meetups in my area of Mesa, Arizona for around 7 years now and the majority of people that attended came from BiggerPockets.

The expected rent is 1,600/ month.  

My total gross revenue is averaging $10k a month.