In a great area, it is newly rehabbed and looks to be done well.

I've been working with Haven Vacation Rentals since we launched our property. 

I suspect that best case property will not be much lower than 40% expense ratio on a 2 unit count.Dan, in Los Angeles, a 40% expense ratio on a newly built or newly converted ADU is insane.In my neighborhood, a 400-sq-ft garage converted to a studio would easily rent for $1800/month.

HE reimbursed 500 students for launch-pad, for anyone who doesn't know that's a 1000$ course.

Even just for a couple years to get the business launched, would be a small sacrifice for long term gain.

We just launched a program that allows our clients to partner with us and earn a very nice return.

.- the end buyer negotiated some big discounts with us, and now has HUGE potential upside- months of work will now be created for the end buyer's renovation team- the non-paying tenants were offered cash to cover their moving expenses + then some- 3 people got paid kickbacks for helping get this deal to the finish line (2 RE agents and 1 cold caller)- 6 future tenants will have newly-gut-renovated units to live in- the sellers will get to see this building live up to its full potential in 6-12mo, beautifying the town they live in...the list goes on!

Your entire profit funnel is guided by your launch strategy and the cost for a good STR property manager is not what most people expect.

GrndSqrl, Kitchen in the Desert and I've heard of 3 or 4 other restaurants being launched by restaurateurs from Los Angeles..

Belief is the ignition switch that gets you off the launching pad.