We're continuously seeking opportunities to meet and collaborate with like-minded professionals equally dedicated to the real estate space

So, they didn't realize they essentially purchased land that is completely worthless beyond just serving as a green space. 

Pace is truly a community leader and trend setter in the real estate space.

My guess is you and I agree that in the "mom and pop" space (1 to around 50 units) there are deals to be found regardless of timing.What @Deshen Tang is referring to in his comment here is my decision to sell 3,000 of my 4,000 apartment units 3 years ago, just months before the market for commercial multifamily collapsed and prices fell 30-40 percent. 

But the beauty about the Jake and Gino community is - 1) the coursework gives you the knowledge you'll need to be competent in the multifamily space, 2) your coaches give you direction, guidance, support, and strategies for your particular situation, 3) and the community (network) gives you the resources, partnerships and team to execute. 

I am in the MHP space and have yet to do this but there are a lot of owners doing this.

Understanding local tourism patterns can help you adjust rental prices.STR Regulations: Many cities are tightening regulations on short-term rentals, which could push more property owners to offer mid-term leases as an alternative, increasing competition in this space.9.

Although, initially the property was for personal use then things happened were I wasn't comfortable with the area and the extra space so I decided to rent it out, now its on section 8.

If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.

If you can get a multi unit to house hack you could potentially do a short term rental of your space while you're out of the countrry if you really wanted to get creative but either way house hacking gives you the experience of being a real estate investor while being hands on and managing a renovation if you chose to do one and being a property manager.