In fact, that is literally why I decided to write the book: to set a standard for Co-Living.We do a lot of things to elevate the resident experience in our properties: community events, awesome common spaces, providing shared supplies, having a monthly cleaner, etc.This strategy is definitely a lot of management work, but it enabled me to build a portfolio that generates $10k/month in cash flow in only 2 years. 

$700 monthly is cheap, if it enables you to avoid hiring a bookkeeper.

Host your own broadcast—like a regular Facebook Live, YouTube show, or LinkedIn Live—where you share lending tips and market updates.

When evaluating a property management company, look for local experience in Detroit neighborhoods, a tech-enabled platform for seamless communication and reporting, transparent fee structures, and a well-established maintenance process.

Ft. with Heater, Wi-Fi Enabled and Dehumidifier.

It brings in non-dilutive capital, gives operators the ability to act quickly without issuing a capital call, and helps stabilize the asset more effectively.When structured properly, this strategy enables all classes of capital—debt and equity alike—to perform better.The Bottom LinePromissory note funds aren’t a last resort.

Real estate and stocks are very different; see below.StocksThe investment strategy with stocks (bonds, CDs, mutual funds, etc.) is to accumulate sufficient capital to enable monthly withdrawals that sustain your current standard of living throughout retirement.

STR operators build intentional experiences:Onboarding Journey: Automated, branded pre-arrival emails with check-in instructions, local recommendations, and FAQs.Tech-Enabled Check-In: Smart locks with unique codes, timed to activate only during the stay.

Aside from that, you have to make sure you get pre-approved for an amount that will enable you to qualify for the building, but that's the easy part! 

Appreciation is what drives equity growth, enables 1031 exchanges, and fuels long-term wealth creation.