House hacking will also give you some personal "property management" experience.

So out of the inflated cleaning fees, both the worker and owner earn less AND could experience reduced NET occupancy due to the overall cost of stays being less competitive. 

Hey Michael, my experience/knowledge with the UC Campus has been nothing but demand demand demand, to the point that owners don't have vacancy for years.

Just completed my first deal so I have limited experience, but I'm always cool with connecting with other investors.

The major downside is the rugged road through the property.Given these two options, I'm just curious what you guys and gals with the experience think of it and what direction you would go if it were you in my shoes.

I'll be honest I'm not speaking from experience but more from experience from some of our past clients that have STR with private pools have said it helps their bookings.

Basically, befriend someone with experience, read the book on estimating rehab costs by @J Scott to get a ballpark, and get reps.2.

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

How are you planning on flipping out-of-state with no experience?

thereby allowing these plumbing updates to pay for themselves).I've got the toilets and faucets all picked out (because I have personal experience with these and I know which ones are good) - but I'm not sure what to do about the shower heads...I know that shower heads are an item that can be the biggest money-saver (because these tend to consume more water than anything else).