It is safer to not invest, not drive, not fall in love, not travel places on vacation, etc. but is not practical. 

I’ve been traveling a lot more lately so my savings has been dropping but I keep a hopefully comfortable amount which I believe is about $100,000 rn.

Therefore since I can’t travel I’m looking to connect with as many people out of state in order to pursue 2-4 unit multifamily properties!

So I was raised in the virgin islands and then i joined the military and traveled the world.

I have found that even many high-end homes have ADUs or au pair suites that people like to rent to traveling nurses, professors on sabbatical, grad students, their kids who come back from college or aging parents (likely no rent in that scenario).

In every state there’s an obligation for the landlord to maintain the home in a habitable condition (sometimes referred to as the “implied warranty of habitability”).

If the hotels are extended stays then it may be a sign that there is a need more on the corporate/traveling worker side of things which is where I focus on.

If it gets to where I need cameras to monitor my tenants garbage habits to be able to pass on fines, I consider it a management failure. 

I'm glossing over some of the more intricate details here, but basically my understanding is that compensation/referral fees need to travel from brokerage (eg.

Of course, this is assuming the tenant didn't put rent into escrow due to habitability issues.