What do you think about the other ways that people are doing this now to try and generate cash flow,

like Airbnb or, you know, true like co-living and stuff?

Like, what are your thoughts on everything there?

You know, my thoughts on this go back to what you're talking about with strategies.

Like there's a thousand ways to make tons of money in real estate.

Honestly, if you just focus on one, you can make a ton of money.

It might not be, it might not even be the perfect one for you.

And then you can iterate to the perfect one, like the one that minimizes the blood, you know, but you at least start with one.

You get pretty good at it and then you add more to your tool belt.

For me, short-term rentals, I'm not as interested in just

because it's hospitality. It's not, I don't see it as real estate. It's more hospitality because

you're creating an experience for people. Yeah. It's more upfront cost, more volatile cash flow,

and there's the legislative variability. legislative variability a lot of risk legislatively

yeah you just don't know and you know and of course it's sexy to say that right now because it

boomed and and it's kind of corrected a little bit but that's always been my my feeling on it yeah it's

it could be really good for cash flow awesome um but Um, but lots of people that I talk to say,

I want to get a short term rental because I want a place in the mountains. Yeah. I can go.

I was like, well, yeah, but that's not what a short term rental. That's a vacation home.

Yeah. So, um, you could use it here and there, but so short-term rentals short-term rental arbitrage is really

interesting. I don't want to do it because it just seems like I actually just brought on a new

student who said I did short-term rental arbitrage, but then legislation changed and I'm like out of luck.

You know, I built this entire business model based on this and then they changed all the rules and I can't do anything. Yeah. And the skills that he built are still really valuable,

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