While he has the ground stirred up staying up late burning brush piles.  

And he is not as easy to brush away as me.

But at the same time, I end up interacting with the business side quite a bit, especially when it comes to deal flow, systems, and communication between different roles.I’m also brushing against the passive side indirectly — mostly through investors who operate in both lanes and want cleaner systems around how opportunities are brought to them.So I’m definitely strongest in active, but with overlap into the first two categories because of how intertwined everything becomes when you’re working deals consistently.Great breakdown — curious to see where everyone else falls on this spectrum.

These are way harder to brush off.What you actually have on them:They screwed up the lease with stuff you explicitly said no to.

Such a letdown, and there is no way to brush it under the rug.

If it is - then an exclusion is only available if you sell the rest of the property within 2 years.Sounds like just sale it all and and pay the gains.It’s how it is but it’s sad in this country I have owned the bulk of this land over 20 years,brush hogging,fence building,spraying,etc.I have never once saw the us gov out there but they think they deserve a bit of it.We are being rapped by our government while they pad there pockets in every imaginable way. 

No argument there.I do want to push back on a few things though, because I think you're painting all arbitragers with a broad brush based on the inexperienced ones you've met:Professional arbitragers (should and do) carry the same insurance, use the same PMS software (Hospitable, Guesty, etc.), and run the same operational systems as STR managers.

Quote from @Jake Yuskaitis: i would broker loans first before you start lending your own funds. get to know the processes inside and out and brush up on basic accounting and corporate finance.  

I rate this as a ball, a brush back on the inside corner.

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