l'd look into local credit unions, they often have lower rates and better terms than big banks.

Ohio has lower property prices, strong rental demand, and better cash flow, making it ideal for BRRRR.

All of thoise are more expensive to install that electric baseboard but have much lower operation costs. 

Converting OP units to shares of the REIT creates a taxable event.Ok thanks.

If you are close to retirement and are accredited, it's safe to assume that you'll likely have some decent, taxable income rolling in during retirement.

These are usually lower income areas, and you must understand the quality of tenant you may get.

As sellers realize that buyers cannot pay the same price for the same income stream as before due to the higher rates dampening overall buyer returns over that 6-month market cycle, sellers will eventually transact at lower prices, making it more apparent to sellers where the current market pricing is.

With $15-20K liquid, focus on lower-cost Midwest markets where down payments stretch further. 

From what I've seen and read, most of the reason operators get in trouble is that there is some type of "event" that has occurred (usually their loan has matured or they've defaulted on their existing loan) and they need to refinance their loan and the lenders require a new appraisal to be done, which usually leads to a lower appraised value, and a lower loan amount, which "forces" the owner to pay down their debt.

With how much equity you have in your primary if it was me I would think about doing a cash out refinance for the whole thing as rates would be lower.