The DST I purchased with Allegiancy (Alorica DST in Ft Worth, TX) did not do good due diligence (in my opinion) regarding the structural quality of the buildings they purchased for this DST in 2022. 

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Whether it’s understanding the new legislation or tackling the day-to-day management of your property, it’s worth having a conversation to see what might work best for you.

Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

We own 2 properties in El Centro, CA:SFH 3/2.5 (built 2016) worth approx 650k.

But if your time is limited or you’re managing from out of state, a property manager is worth it.

It's not cheap though, but if you have a lot of properties, it would be something worth looking into.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

The Detailed Engineering Cost Approach is generally used for newly constructed commercial buildings.DETAILED ENGINEERING COST ESTIMATE APPROACHThis approach is very similar to the Detailed Engineering Cost Approach, with the difference being that if there aren’t records for specific costs, an estimated cost is used rather than the actual cost.

Assuming you have 5 units, each worth 300K, and you could afford the loss of one, but not all.