They also told people to stop sitting on home equity and tap into that as an asset to use for education and build a better life.

I am building them especially for STRs, but they will have a cash flow as regular rentals.

Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

Hopefully you have a better streamlined build on the next one.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

My best piece of advice is find the most nit picky building inspector you can.

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

@Chloe SalcedoStarting your real estate journey at 23 is an incredible opportunity to build a strong foundation for your future.

It's called building bench strength. 

Ironically, these are often the best opportunities to build equity and find great deals.