The higher the cost of the insurance product via fees is for the buyer, the more money the “advisor” earns as commission.  

However I only got 60% LTV on the refis because my income is almost entirely foreign earned.

I'm sure you'll carry that same passion forward in life with anything you do.Perhaps you can work for a top operator and work to 'learn' (not earn) in the meantime.All the best!

As @Brian Burke mentioned, strong market rent growth means you can buy at 3 cap property today and in under a year be earning a 4+ cap without doing a thing but renewing leases at market rents, and that 4 cap moves to a 5 or 6, even with conservative growth in 3-5 years, not even counting any opportunity for rent growth driven by unit renovations. 

Just sharing my opinion but 1/1 STR's are limited on upside earnings potential because the ADR is capped.

Get a Heloc to remodel the dated home and convert the 3 car garage into an apartment to earn extra income/pay down the heloc.

They do the bare minimum to earn a fast buck.

You can listen to the herd, take your chances and make from losing money to a small amount, or you can keep your money in your pocket until you know what a sure-thing is and how to find the sure-thing where you can make 50% to 100% on your money, every year.For 5% annual return, or a $200 to $300 per month cash flow property where I have to invest $50,000+ with hundreds of hours of work to purchase and manage, I will be far ahead when keeping my money in my pocket and wipe tables at Mc Donalds since minimum wage in many areas is $15 per hour and I can earn an extra $400 to $600 per week, or $20,000 to $30,000 per year vs. earning $3600 per year on a whim that came with anxiety and will put me in an early grave. 

A pro is it’s easy banking and you file one LLC while they are all separate LLC’s as long as you can prove that the monies are earned by different properties.

On selling we lose any future earning on that particular property while refinancing we start gaining equity again to use all while having the asset pay for itself and using the equity and cash flow of it to scale!