It's the nightmare you described ad infinitum. 

I stopped counting at $2m in mistakes lolYou can't always win but as long as you win more than you loose, you will always be in the green.I consider all mistakes as a "cost of doing business".We live, we learn, we try again and try not to repeat the same mistakes.Much success to all 🙏

I am happy with my business but more curious if there are any I am overlooking!

Would they feel more of a pleasant experience while communicating with a business or the actually owners themselves?

Contractors fall off, you miss something because you were too busy working on another project.

I am a current foster parent and I have been n this business for 40 years. this is a passion of mine and I wanted to give back How did you find this deal and how did you negotiate it?

@Jim Bo biggest mistakes investors make when doing business with friends is NOT treating it like a business arrangement.You'll need a detailed partnership agreement covering buyouts, capital calls and what happens if one of you dies.Why would you pay him while he learns property management?

I'm retiring in about 18 months and i would love to get into the STR business.

The whole appeal in REI was to maybe create a small business on the side with my spouse as a way to: eventually secure supplemental income, start building equity in RE and maybe creating a small business together in RE that would help us obtain financial freedom after hearing how risky things can be, I’m trying to learn: what are other RE investors doing to make money despite the risks around home repairs, vacancy, additional expenses (i.e property managers), etc.

Hello,Thanks for having me.  I am looking forward to being a part of some of your success as I build my portfolio.Bruce Cook