They did the design work, ordering, set up, approval with the city and manage the day to day operations with guests and cleaning etc.

Inexpensive cash flow opportunity in good, solid blue-collar neighborhood - at a time when I was making decent money in my W2 job.

You supply a job locally and the housecleaner adds their own touches.

While my situation is relatively straightforward with a W-2 job and 5 rental properties, I feel I'm not receiving the proactive planning and guidance I seek.

This excludes any operating cash flow Your renovation can be funded by debt or by equity.Just by glancing at the biggerpockets performa, your biggest issue isn’t your purchase price it’s a negative NOI.

What I see as an operator and investor down here is many people ignoring HOA rules and trying to slide by and do shorter term rentals even when buildings don't allow it.

His ex wife (also on the show) introduced him, and then inexplicably told that they had lost all their money trying to fix and flip when the economy went bad, that they filed bankruptcy, that her husband went into a state of depression and refused to look for a job or even leave the house for three months, that she contacted an old “mentor” of his in Las Vegas, that she got him to go with her to Vegas, and that this mentor had set up the program, marketing etc that he was about to pitch.

Obviously this will be a pain if you operate in multiple markets, but it is what it is.

They typically do not charge to assess the property since they know they will get the job when we close. 

Luke- I just wanted to say you're doing a great job at 22 years old!