Your income needs to be 100x it and you need to invest 10% of your net(so less than $5mil) annually in structured product type investing incl RE, let it season for 3-5 years, re-invest the first bit of profits and by year 8-10 you should be comfortable.$500k annual income is alot for your average folk, but it's not "retire me" income at all.

Would love feedback and learn from the seasoned professionals. 

Although you are a new investor, you actually have more and better options than seasoned investors.Id they need a second parking spot , rent that to them also.

Hopefully that slide stops due to seasonality in spring, but if we are in another year of stagnation prices may plummet.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process. 

Say I travel seasonally.

Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

Nobody likes to work hard in the heat.The biggest concern in the past has been winter, but 2024 was the warmest year on record and we have seen +3F on average in every season, which really took the edge of winter (you can call it brown grass season now) while summers are pleasant 75-85F.The cost of living is low, yet the quality of live is relatively high.