STR is a hospitality business first, and a for-profit business second (if you want to succeed).

Should I gamble on this or look into how to file a class action lawsuit against the State of California and the Judicial Council?

With property insurers’ profitability and trade combined ratios improving, we can expect some relief soon.

Getting a base 8-15% return instead of 2-3% before actual “profit” puts you way ahead of the cash buyer. 

I have an 8+ac parcel in Dripping Springs, TX (outside of Austin) that has two small STRs built on it. Both units are approximately 400 sqft, "yurt-style" cabins with large decks. We have 2 full years of revenue histo...

After months of reassemble and some customization work, the property sold for a decent profit.

I’m reaching out to you, the seasoned investors, for guidance as I work toward making my first acquisition.So far, I’ve analyzed over 100 deals to assess their viability and profitability, and I understand the law of percentages in CRE.

If you are consistent with these action items you will avoid most claims, your business will be more profitable,  operate more efficiently and if a claim were to arise you will have all your ducks in a row. 

Quote from @Kody Smith: I am New-ish to Bigger Pockets, and would love to connect with the community here.The idea: move from single family homes into commercial real estate... specifically multi family.The Goal: generate $20k/mo in cash flowI'm currently in silicon valley (san jose)... would love to find something profitable here, but it looks like there are better opportunities elsewhere.I am open to investing in markets across the US.

And there are landlords who only care about maximizing profit and nothing else.