The valuable part is the skill and network needed to find and execute a deal - find someone who has that and then ride the wave with them.Or, do it yourself. 

It can be a great job, but it also requires a level of mental toughness. 

It depends on your interest and the level of involvement you want to have and the time it will take you to learn.1.

If i were 19 today I would try to get a skill that is in high demand.

Personally, I also maintain a certain level of leverage for asset protection (ie. get sued-->forced to sell @ 10-15% market discount, 6% agent fees, not much meat left on the bone @ 75-80% LTV)

Hotel lobby is using homeowners to get these short term rentals banned in local level.

All have been long time members of our association and working with local investors and small business.For Tax Strategy, hands down I would recommend John Hyre - but he works on a national level, formerly from Ohio. 

Though that only works for peeps that can grow a full beard.The best and only thing you can do is know your stuff.Work on your writing skills for starters.For example, the grammar in your thread title is off.

Sometimes it can help level out any indifferences and seams.

If so, it would be better to do all the renovations at once, then raise the rent to market levels and have a stabilized property up and running.