You don't need to sell the STR concept to the whole group of people. 

Every rental property you have you will need just a little bit more reserve money each time.Now one thing I do want to address further is this concept of "Overlays".  

Go ahead, draw a horizontal line and mark the hot areas you know about and about how long between you hearing about them.Project this concept in to future several cycles.  

Check out Capital Concepts.

Rental housing, affordability concepts and storage are key themes right now.  

Having a 5-year NNN lease is an interesting concept but it also means that the PM knows just how long the repairs have to last.  

That is usually the case when a post includes statement such as: "He is 9 days late today" "could I start the eviction" "Should I start it" "He's a nice guy" "how sorry he was" "how much he loves the place"All the common statements of a hobby landlord with no concept of how to operate their business and no knowledge of their state codes.My mistake I guess.

I've been reading books and posts on BiggerPockets, been listening to podcasts, and trying to wrap my head around some key concepts.

So I have completed the "The Millionaire Real Estate Investor" by Gary Keller.  In his book, he mention about buying home warranties and letting the tenant pay the co-pay and call for their own repairs.  Has anyone em...

On one hand, they lectured about actual real estate concepts and planning for about an hour and a half before getting to what they were selling... but on the other, they talked for an hour and a half before getting to what they're selling.