Just a couple of thoughts -Keep in mind that real estate investments, especially flipping, can be unpredictable.

Market conditions can change, renovations can uncover unexpected issues, and tenants can be unpredictable.

Trying to efficiently/satisfactorily manage that many tenants using local techs for repairs and having unpredictable response times is a recipe for headaches.

In a world where the only constant is change, diversifying your investment portfolio with alternative assets could be the key to unlocking new opportunities and navigating the unpredictable journey of the financial markets.

I expected that this would be a messy, difficult, and unpredictable excursion.

One thing I learned to appreciate is that tenants can be unpredictable.

The combination of incomplete and unnormalized data, unpredictable human behaviors, and the necessity to make assumptions based on insufficient information makes accurate predictions challenging.

Note: This was just 1-2 months before signing RTR contract and prices didn't fluctuate a single $ and was as promised (was assured they will bear any unpredictable price hikes which they did) .

The governance of HOAs can be unpredictable and you could be screwed by someones lust for a little bit of power. 

The income from these rentals can be unpredictable and may not be consistent, making it difficult for lenders to assess the borrower's ability to repay the mortgage.Operational Risks: Lenders may be concerned about the operational risks associated with condotels.