When people were buying for example 2013 to pre-spring 2022 rates were lower and especially during 2019 to 2022 when rates dropped during COVID investors did really well.

I've been recently quoted 10%, seems a bit steep...Not the most absurd I’ve heard - MF purchases 5+ units will typically range in the 9% range, especially if you are shopping wholesale lenders and not local commercial banks.

Here's an example:50% of the total price due at the time of booking.If they cancel 30 days prior, I refund the entire amount.If they cancel 15-29 days prior, they lose half of their reserve payment.The total price of booking is required 14 days prior to check-in.If they cancel within 14 days of check-in, the forfeit all funds collected.If I am able to rebook at any time during this process, then I refund their money, minus a processing fee.If they booked six days and I can only book three days, I will refund three days of their money. 

To earn passive income through REITs, investors can purchase shares through a broker or online investment platform.3.CrowdfundingCrowdfunding platforms allow investors to pool their money with others to invest in real estate projects, typically with lower investment minimums than traditional real estate investments.

It's even tougher when you have time and other constraints, too.However, that describes virtually everyone who gets started in real estate, or at last those who post, visit or even just lurk on these forums.Paying for education is pretty typical.

At least here in Colorado, we have a few examples of cities -- Colorado Springs and Littleton, just outside of Denver -- that had active laws permitting non-owner-occupied STRs and then changed course and prohibited them, but in both cases, those cities grandfathered in existing permitted Airbnbs. 

I will use the county ratio applied to the total acquisition cost ($80k building basis and $20k land basis in my example).

After I read that book, I couldn't go back to a typical life.

Typically they work alongside with one another and have mutual connections but where the interest of the clients are far and wide, it is very difficult to have an agency that services all of those needs under one house. 

It's typically more cost effective to sub everything out yourself.