For example, managing a luxury building requires a different level of service and communication than managing a multi-family unit.

I myself don't give my opinion about land investing (even though I own land) or large multifamily investing (because I've never owned a multifamily larger than a 12-plex) or commercial real estate or mobile home parks or luxury short-term rentals (even though I own all of those).

For example, in higher-end or luxury markets, where the price point is much higher, full-service staging can be a game-changer.

The way that I have done this in Costa Rica has been to bring in several partners on a high end luxury property who would like to own a part of a property that they can use and enjoy but that they don’t have to manage by themselves.Each of the properties that I own are at a million or higher or will be soon. 

Provided I can establish a solid investment plan tailored to their financial needs/comforts such as debt ratios and income, they would be more than happy to offer me some financial control.Additionally, If I wanted to, for the sake of building my own personal wealth, I admittedly have the luxury of taking a loan from my parents.

My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US.  90% of my clients use the 10% down second home occupancy loan.  

Probably need a full time manager, but not really big enough to do that unless the rates are super luxury I would think. 

Which reminds me that I should mention that I’m not opposed to living a not-so-luxurious lifestyle in the short run.

Luxury vinyl floors, no carpet means quick turn arounds.  

My last 2 purchases and the luxury cabin I am under contract currently are all at least class B.