Disclaimer: Not a CPA or Lender!

Disclaimer: This message is intended for educational and informational purposes only and should not be interpreted as legal, tax, financial, or investment advice.

With each step I give the following disclaimer:  "After 24 hours, we reserve the right to offer this unit to another qualified applicant."

Other money traps:  guaranteed rate of return passive investments with no verifiable collateral, investing in social media syndications, spending thousands on impractical asset protection trying to achieve anonymity.

If you're really making moves in the market, it's unlikely you're also slinging how-to's over social media.

Start posting regularly on social media about how your 3-unit is working out.

I have to say I was skeptical, joining the Bigger Pockets forum thinking this would be like any other social media, and I would be torn to shreds for asking question but I was wrong I think this is gonna be a great way for me to connect with professionals in the industry.

Here's a hack you won't find on social media (maybe because it's wrong): Converting a boutique hotel to STRs.

I've always found the background check services do not do a thorough job so I always overlay that service with my own gumshoe due diligence  (talking directly to immediate supervisors, ensuring the previous "landlord" owns the property, checking social media, etc.).Never rely exclusively on these services. 

In the case of the subject syndication, the sponsor was a “media star” author, with actual experience limited to SFR.