Building located in neighborhood I had been interested in from the beginning of investing career.

Looking to rent for $175/night min and total estimate is $100k for the build, aiming for 20% CoC.Any pitfalls/advice for this uncharted territory?

Hey GaryI manage about 65 units in FL and I broker for STR buyers in this market, and some do self manage.Obviously the ones who choose us for management, we can assist with all of those items, but the ones who self manage do so by building a team. 

I view real estate investing as another wealth building tool in my tool kit.

@Craig Holland Land is often sold with owner financing, in part because buyers have a hard time financing it, and in part because buyers often only need a short time before they can build on the land and refinance out of the seller loan. 

My goals for joining is to meet people, build relationships and hopefully get my own thing going!

Many are not lending, but others are very aggressive and are building their portfolio now. 

BRRR/house hack/str/mtr/ltr.... leveraged equity building vs. cash flow).3.

I'm currently in single family homes and apartment buildings in central and west Texas but have been evaluating a few residential assisted living homes + business / license to purchase in Austin and San Antonio.

Entity structuring, basis calculation (i.e. breakout between building and land), deductible expenses, etc.