It keeps things professional while giving you room to grow your expertise.I admire your perspective on keeping your parents’ resources separate from your own—it’s smart to want to succeed on your own terms.

They’re typically stable, cash flowing businesses that are straightforward and simple to understand.

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.

It was purchased from MLS as a long term buy and hold rental.

Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).

Historically, real estate will appreciate over the long term.  

The fact that you have already owned and sold a rental property gives you a great experience to start from.In terms of the best place to invest - that is whatever place meets your criteria, goals and investing style.Personally flips have not been working as well for me lately, but when we get the right BRRRR deal those are still working well.

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

It might cause me financial harm as I have to sell more stocks and might pay short term capital gains vs long term capital gains.