In other words, the consumer is the economy.Personal consumption (PCE) spending was up 0.3% gain for the month, putting the annual PCE inflation at 2.7%, and up 2.9% (up .2%), excluding volatile food and energy prices.

Core PCE, which strips out food and energy, increased 0.2% and stayed at 2.9% annually.Minimize imageEdit imageDelete image👉 What this means for real estate: The Fed is balancing stubborn inflation with a softening job market.

If the lake is smaller then they might not be too popular if it is primarily a fishing lake.I would also add a general store with basics, bait, beer, food stuffs etc.

The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ? 

There are too many cooks in the kitchen and potential expenses. 

I certainly give him credit where it's due, he is successful, he doesn't pretend with playing like he's an engineer or wizard that adds value.If you own a restaurant you hire a cook, if it's a fancy joint you hire a chief, if you're in RE you hire a GC, they don't run your business nor are they entitled to a slice of it, they are hired help.

Oh, you thought that only applied to food you eat with your mouth and not the "food" you eat with your mind.....

Just some food for thought.

Having written guidelines, curfews, and systems for accountability (like drug/alcohol testing and peer support) helps keep the environment safe and structured.Strong Leadership & Support System: Whether it’s you or a hired house manager, there needs to be someone onsite (or very involved) who can enforce rules fairly and offer support when residents struggle.Financial Sustainability: Think through how you’ll cover costs (rent, utilities, staff, food, etc.) while keeping rates fair for residents.

Quote from @John Cook: My daughter wants to help me with my flips.