This is super important.

TLDR: Think about what the super smart/rich/powerful are doing.

That’s definitely something I’ll be incorporating into my thinking and also sharing with others going forward.Thanks for sharing your experience and perspective—it’s super helpful to hear how you approach the nuances of real estate investing!

Our plan is to continue with out-of-state properties, as the numbers (among other things) seem really hard to make work in California, although we are exploring some in-state STR opportunities.I've already found BP to have some super useful info in the forums, looking forward to reading more!

Hi, I just bought my commercial multifamily in Gainesville in D Neighborhood but It was cash flow day one, I was super excited to go in there and do some brrr.

For us, even with doing something like this it would still leave us with a super low LTV for our portfolio (below 15%).

I think super detailed stuff like tax law is interesting, and I have plenty of experience with 1031s and SFR investing, but a Turnkey operator on a forum shouldn't be your tax advisor ;) Sorry to raise your hopes and then dash them - I will speak more carefully in future.All the best,Clayton

This is super helpful! 

@Michael Baum Super helpful!

Your background will be super helpful, and I am sure you will make friends quickly here!