We often have to initiate the conversation to find out where rent is, and we often have multiple trips to collect partial rent during the first two weeks of the month.

The field trip is valuable too, in order to get an idea of the types of properties his students buy. 

Now, if your considering investing long distance, my suggestion would be to at some point schedule a trip to understand the demographics of the area and how they work.

Also occasionally has site field trips which I really try to attend.  

Like right now the car flipping thing is at a stall and I have a trip to Walt Disney World coming up in less than 2 weeks.

You can replace your 60-70k income over time then snowboard 🏂 whenever you want 😉 Why not save up $5k and take a month long exploration trip to your top three states/cities?

If they're pulling the revenue data from AirDNA then it is including cleaning fees in the revenue, and hence cleaning will need to be subtracted back out as an expense.I think this is something that trips a lot of people up when underwriting.AirDNA total revenue DOES include cleaning fees.AirDNA adr does NOT include cleaning fees.This is why when you multiply ADR * Occupancy on AirDNA you get a number that is less than the total revenue.So if using the total revenue number then cleaning does need to be subtracted as an expense. 

In that situation, this type of exercise leads to your "resume" as an investor.Of course, this would never be applicable to Mike because he is a lone wolf who attracts tenants who are willing to wait for enough maintenance items to accrue to make a trip to their unit worth his time.

I tripped him all up when I asked what he did and why we should exchange contact info.

Even if it's just helping out with demo and taking trips to home depot.