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Steve was catching up with the guy who used to clean their old Dallas units when he got reminded of this one: the police called Steve asking about the guest in one of their Airbnbs just north of downtown, then kicked in the door and arrested her — she was on the run from a killing in California. The cops told the cleaner to clear the place out, and he kept the PS5 and the Bose headphones. That's the hood-rental school both hosts came up in, and they say it still beats anything a guru will sell you: you see every situation, you learn which guests your price attracts, and you learn that an apartment manager who's a little too eager to let you Airbnb is a red flag.

Episode 355! Myka and Stevie Stacks start at Texas Roadhouse and Chick-fil-A — customer service is what you charge extra for — then get into Stephen Jackson saying today's players lost their hunger. Myka's research says Arkansas only dropped 6% in the 2008 crash against 19 to 26% nationally, and Steve thinks Texas has a lot more room to fall this time, with refinances down 60%. An AI pyramid scheme whose sales call was a robot, AI-touched profile photos on every Airbnb booking, and listener Vincent Reyes on RMLOs for owner-finance deals. Then the $30K flip vs $12K a year in rent fight, backup Wi-Fi when AT&T goes down, charging construction crews for the beer-can trash, midterm security deposits ($1,500 vs $2,000), why Steve won't front rent for a third-party housing company, a 4-bed, 2-bath that did about $20K in two months, robo-taxis and a future with no driveways, and why the hungriest people win.

MENTIONED IN THIS EPISODE
Books
• The Frictionless MTR System — Vivian Yip (the step-up pricing Myka is using)
• The Alchemist — Paulo Coelho
• As You Like It — Shakespeare ("Sweet are the uses of adversity")
Podcasts
• The BetterLife Podcast — Brandon Turner and Cam Cathcart
• Founders — David Senra
• The Joe Rogan Experience
People
• Stephen Jackson on today's NBA players
• Shout-outs: listener Vincent Reyes, Josh from the YouTube comments, Myka's mentor
Tools & programs: RMLOs for owner-finance buyers, cost segregation and the short-term rental tax loophole (talk to your CPA), PriceLabs, Starlink, T-Mobile Home Internet, Via in Arlington, Waymo, Zoox, ChatGPT, Claude

CHAPTERS
0:00 Cold Open
0:54 Texas Roadhouse: Hospitality Is the Business
4:31 Chick-fil-A vs Zaxby's: Service Sets the Price
6:19 Nice Place or Great Service? Rentals Need Both
6:35 We Got Rid of All Our Hood Dallas Units
7:54 Starting in the Hood Teaches You Everything
8:37 Cops Kicked In the Door: Our Guest Was a Fugitive
10:38 Cheap Pricing Attracts Guests Who Cancel
12:14 Arbitrage Tip: An Eager Landlord Is a Red Flag
13:44 How Myka Got Overstays Out
14:27 Stephen Jackson: Players Lost Their Hunger
17:25 Arkansas Only Dropped 6% in 2008
18:49 Texas Has More Room to Fall This Time
19:53 Refinances Down 60% — Be Prepared
20:46 The AI Pyramid Scheme Pitch
22:25 The Sales Call Was an AI Robot
24:04 AI Photos on Every Airbnb Profile
26:44 Listener Vincent Reyes on RMLOs
29:16 Why Owner-Finance Sellers Use an RMLO
31:08 "$30K on a Flip Beats $12K a Year in Rent"
31:48 Myka's Rebuttal: Taxes and Cost Segs
33:25 Flip, Wholesale and Hold: Use All Three
35:38 Coaching Programs vs Doing Deals
37:07 AT&T Outages: Backup Wi-Fi for Rentals
39:48 Construction Crews Are Heavy Gamers
40:45 Charging Guests for Trash Through Airbnb
42:27 Midterm Security Deposits: $1,500 vs $2,000
45:06 Pet Fees and Utility Caps
46:39 Watch Out for Third-Party Housing Companies
47:27 The Middleman Deal: Arbitrage It or Walk
51:14 The Frictionless MTR System
52:30 4-Bed, 2-Bath: $20K in Two Months
53:39 Bu