To avoid the risk management/insurance that comes with tenants' wood fire use:I'm thinking to seal the chimney cap on roof and run a cord putting an electric Infrared heater fireplace in there, so they can still open the glass and get heat and watch TV over the mantle, but can't burn anything or have any flame.

Finally closed it at a 12+ cap on in-place.

Hi Don,You’ve nailed one of the most important rules of passive investing: diversification.

Also reality is the only time you will get nailed for not managing deposits properly is if you use that money.

The property cash flows and I could definitely see each investor making at least $1000/mo with the most hands-off approach of renting to an operator and much more if a person ran it as STR or LTR and it is a great diversification play for me as Costa Rica should see much better appreciation than the Midwest, but if I were to cash out I could see five times the cash flow because of the power of leverage.But I think you hit the nail on the head in saying that it is a lifestyle type of investment.  

You nailed it!

@Scott Trench you and I don't always 100% agree on everything, but I think you nailed this one. 

Hey @Jonathan Vinas, @JD Martin hit the nail on the head.You are better off looking in areas with no restrictions if you can.I will say that some of the restrictions might be able to manage.

Put your bad *** investor thinking cap on and you will figure out a plan!

Hi @Don Konipol,You nailed it—scaling isn’t just about adding more units or deals; it’s about building a system that works without you doing all the heavy lifting.