Before at the bottom of the cycle you could buy something and even with little rent income ride the equity wave up and as markets got stronger rents went way up.

I think taking the risk and riding the AirBnB wave it's hot is probably worth the gamble..

We did a survey and found 200 of the 320 units were willing to pay $25/mo for covered parking (summer is hot in Dallas and winter can bring hail at times).  

Not something you can hire a virtual assistant to do.Of course, there's a lot of people who have made a lot of money riding the local market as it's appreciated over the years.  

Back then, I wished I could be 3 years older and graduated in 1995 so I could ride the real estate wave in the Silicon Valley.

Finally the weather is nice but you can get hail.

I then have some extra time to do some of my own checking , I ride by where they are living now , check out social media and the judicial system 

With only two months to go, I’d let it ride out ensuring your buddy notifies the tenant of not renewing per the current lease terms.

So i've jumped back up on my horse and I'm going to ride out again on another journey but with the same mission.

(Total Wine offers free wine tasting)  I plan to do this rinse and repeat and eventually people will tell their friends and I will grow an audience.You ultimately want to be "the go-to-guy" in your area for investing in real estate.Start a podcast.Write a book (it's easier than you think).Those things will also increase your credibility in the eyes of others.If you could link up with another well-established group, see how you can add value, and ride their coattails that would help your credibility big time.Go to real estate investing seminars too like ones held by guys like Brad Sumrock, @Joe Fairless, Dave Lindahl, etc.