After accounting for vacancy, repairs, CapEx, management, taxes, insurance, and debt service, you'll be in the red every month.You might have better luck with a MFR, preferably 4-unit.

Series 1 (blue) is data from 2019 and Series 2 (red) is data from 2020.  

I went through a lot of red tape to keep mine as a STR. 

Here are a list of "Red Flags" to look for:-Tall Grass                                                         -Vandalism-Boarded up or broken windows                         -Locks everywhere on the house-Mailboxes filled                                                -No curtains or blinds-Code enforcement taped to the door                 -Looks empty on the inside-Piled up newspapers                                         -Paint of the house is peeling off-Bad roofs/tarp                                                 -The gutters are falling off-Lack of personal items (no porch furniture, garden decorations, etc)-No cars or tire tracks                                        -House looks outdatedThose are a few examples on what to look for when driving for dollars.If there are other signs you look for, I would love to hear them!

Up-front fees are the biggest red flag in lending.

It's the normal cycles of every industry. 1) Lots of players in space2) Many go bankrupt or get bought out3) Industry consolidates...monopolies form...prices go up4) Something happens to break up industry again----Full cycles that have happened: 1) Cable television.

I am a professional pickleball player (yes, as crazy as that sounds it is a thing).

If you learned some things from the experience, and you're not in the red, I'd say that's a job well done!

If a Yelp page has a lot of filtered reviews VS reviews that are showing that can be a red flag they're buying or trying to write positive reviews. 

Our market here in Redding CA is still going strong, even with the Stay at Home order in place.