Another component to these unrealistic expectations have been poor policy, unnecessarily low % rates (+q.e. stimulus checks etc) So here's the thing...small biz, w9 people got smacked down by Dodd Frank.

Real estate is often a deeply emotional business — and how we treat others can leave a longer-lasting impact than any spreadsheet ever could.Over the past year, I’ve been building a long-term strategy to transition into real estate investing as a core component of my financial future.I’m focused on buy-and-hold SFRs and small multifamily properties in strong Midwest markets.

I would NOT be considering any resort purchase at this time unless I had a long-term strategy with it, that had a significant component on some appreciating aspect. 

Weekly reviews are a critical component to success.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

.: Quote from @Jay Hinrichs: Quote from @Neil Narayan: I agree it's not a huge employer like Tesla but whenever a datacenter comes there will be supporting business around it that are supplying it with components.

Definitely something that should be factored in to returns in some way,  IMHO if your going to be flipping houses at any velocity having your own RE license not only is going to obviously put more money in your pocket but can be a critical component depending on price point.

The trick to it all is setting and keeping good fences. 100% of C4D's I have seen blow-up have all had the common component of neglect on behalf of the investor.

@Robert Johnson - To me, replacing old sewer lines and infrastructure components (roof, electrical, plumbing, etc..) are the components that don't add a ton of value, but could certainly kill the cash flow / reserves on a deal.

Many people think all tenants are good, there is good cash flow on turn key LTR leveraged purchases, there are no vacancies and associated tenant flips, that all components in a property last forever, that property tax and insurance cannot increase significantly.