I have lived in a "college house" and the owner didn't care much about the quality of the house, it seemed like as long as it didn't burn down he was happy. 

Or are my REI mentors just burned and bitter? 

@Eric MoellerI operate one dedicated short-stay unit and use Airbnb and other platforms to fill gaps in my other two corporate rentals in Sacramento - where I focus.My biggest take away is that many people are successful but then burn out.

But then again, so is the chance that your house burns to the ground and I bet you are insured against that.Another reality is that most lawsuits are settled.

One deal in California will beat 5 of your "going well" houses in Kansas every day of the week.Also, if you're borrowing money from people in California and moving it across state lines AND promising them "a certain rate of return" you've just entered into the securities world and you better talk to a lawyer or you might end up in front of a judge if one of your "going well" deals turns sour and your lender feels like you burned him or her.

Were in those slow markets you need to really be on top of your game, or you can get burned quick.

They like using people, burning people.

If you haven't already, start burning through those BP podcasts.

Frustrated, I sold the property last year off emotion and I nearly burned thru all the capitol gains because I also quit my job.There had to be more in life.

Mcfarren and Burns comes to mind but there are probably plenty more that would be happy to sit down with you.