The Federal Reserve was established in 1913, while gold was unpegged from the dollar by Nixon in 1971.Figure 4: A graph of lengths of expansions and recessions made by me, from the data source of NBER. 

This is why you don’t pass these kinds of regulations.

Once you determine your "why" you need to perform due diligence when determining what market(s) you want to invest in: >is there sustained demand (for the long term) >assess the comps, i.e. what are other similar properties selling and renting for in the area, determine if the guarantees are accurate >vet your developer, look at their track record>know the underlying risks>establish your team >know your exit strategy: look for long guaranteed income periods & high yields These are just some of the factors you should be considering before jumping in. 

Zillow was in expansion mode, per their latest SEC annual report filing a few weeks ago: "We are in the midst of a significant, multi-year business model expansion, building on the strong foundation of our established real estate marketplaces and advertising-based revenue model to move into facilitating real estate transactions and offering related adjacent services.

Phil is an established investor in this market.

Get as many accounts as soon as you can establish and fund them.

To clarify, was hoping others might have some insight on differences between problematic STR and LTR tenants, in context of conversations with your lawyers or insights/links to local state regulations distinguishing the two.

You'll likely want to be in contact with your Relationship Manager of the bank you use as some bankers I've spoken to have been inundated with inquiries and are working with established clients first.The payroll costs for self-employed may have more detail provided in the future guidance. 

And if you want to be a top producer like Chris and I then you are surely putting in a lot of time.There are lots of rules, regulations, guidelines to keep a track off.

If I can establish a good relationship with a bank through their investment products, I know that I can get to the next level where I'm doing 2+ deals a month.