Vacancy rates may also rise slightly under this scenario.The retail market's performance will depend heavily on broader economic trends, particularly employment growth and consumer spending patterns.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.

I'm leaning towards the pool since it has a broader appeal, but the pickleball court is such a trendy amenity these days. 

Despite recent challenges, Los Angeles continues to outperform the broader Western region, which had a higher vacancy rate of 11.9% and lower average asking rent of $178 per unit in Q1 2024.Asking and Effective RentAsking rents in Los Angeles decreased marginally by 0.5% in Q1 2024 to $234 per unit, following a more substantial 2.8% decline in Q4 2023.

However, for physical goods and services, achieving post-scarcity on a broader scale is likely to take longer.Advancements in automation, artificial intelligence, and biotechnology could potentially accelerate progress toward post-scarcity by increasing productivity and efficiency in resource allocation.

That cash can definitely provide great returns in the broader market and with less stress, though with some caution because we are nearing the end of the business cycle (e.g. the yield curve has inverted for the longest duration ever). 

In addition, Retailers are increasingly asking for broader Exclusive Use descriptions. 

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 11%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing in Austin is still substantially above pre-pandemic levels.

This link may help in a broader sense.  

@Mike K.Congrats on your success.If you're trying to justify your investment versus REI, you will need to take a broader approach, since REI is so broad.