Then find a vacation rental manager that kills it in that market to confirm the average nightly rates, average occupancy you can expect, etc.

No doubt the mounting student debt and increasing health care costs are a problem, but I wouldn’t call it a bubble and I don’t see how it would crash real estate.Real estate doesn’t crash over night.

True, you will have to pay them their monthly management fee (typically 10% of the monthly rent) but if you're not the type who likes getting phone calls in the middle of the night or having to drop everything you're doing to go fix an issue on the weekend or while attending a family gathering, then it's the route to go.

The deal was 24 units, and one of the buildings burned down the other night (no one hurt).  

But each investor has their own comfort level and if a nice nights sleep means a property close to home, do it. )For a 1031, you have 45 days from settlement of your old property (relinquished property) to identify a replacement property or properties (not limited to a 1 for 1). 

For me I do think that owning some of both is best for diversification and a "sleep at night" feeling, but beyond that I've found that learning, reading about, and investing in both real estate AND stocks has helped me as I've noticed some of the concepts carry over between the two.things like....- valuing stock ownership as owning a piece of that business just like owning and running a building is like owning a business- learning about the importance of return on equity- discounting the value of cash flow over time for both an apartment buildings and a stock.- how house flipping in akin to day trading and what the consequences of those are especially when it comes to taxes.

Save the retorts and sarcasm for open mike night.

A lot of late nights cursing and rolling around in the mud plumbing on a rental.

I was watching The Highwaymen last night on Netflix and the main characters were in search of Bonnie & Clyde in none other than Coffeyville, KS! 

I'll be happy to connect whenever the time is right.Meetings around here are a great way of meeting people and connecting.We have a lot of meetings you can attend, at least one every night!