You'll want to make sure that you use that new property long enough to establish that you had an investment intent and then changed that intent. 

With commercial office space starting to return, I am interested in establishing a syndication group that would be willing to invest capital into commercial office buildings.

For what it's worth, this condo is technically owned by the the trust established by my Self Directed IRA.Thanks!

I’m biased, but I’ll chime in with @James Wachob and cast my vote for Memphis.Memphis offers incredible logistical advantages: the largest commercial airport in the world, all major US railroads converging here, and a thriving distribution hub.

Now I own a thriving property management business, run a real estate team helping other investors learn how to grow and scale their portfolios, I have my own modest investment portfolio and have two development projects going at the moment.

For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market. 

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

Looking forward to hearing your thoughts Let’s make 2025 the year we all adapt and thrive in this ever changing market!

By the time I launched, I had already established a solid reputation in the Cincinnati market.

Eliminate debt, establish a budget, and save.