Large corporations are moving to the area which is very promising long-term for REI.

When you work at a large corporation (national or global) you learn a lot in your role, but also by osmosis, just by observing other people and seeing how projects are developed, business is done etc.

I’ve hit a challenge in shifting my mindset and would like to ask the group - if I’m not an extrovert with a sales background and the cushion of a 6-figure corporate job, will I be able to succeed at REI?  

@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.

Very simply, large corporations pay into the tax base of that local community and that revenue is used to improve the community and make it a more attractive place for people to live.

I was a commercial agent until 2021, at which time I switched to corporate real estate. 

If you don't have the relationships, hire someone who does.This is why Brian Burke can go “large corporate” while I have to stay “small private”; he has the ability to MANAGE PEOPLE that I do not.  

Since you are new to the market, you can look at what the top rent pulls look like and cater accordingly on the design.You always want to build relationships with contractors, but that takes time and you always need a solid bench, just like in basketball because some days your starting plumber just doesn't show up and you need to bring in the backup.The rates are the rates and they aren't going way down soon so it's just part of a different metric to evaluate in your new market.Good luck!

Smaller STR pros should be able to cater your property to meet your goals.

https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporate