It gives you access to funds at a relatively low interest rate, and you can repay it as the rental generates income.

Ready to learn, grow and gain financial freedom and generational wealth.

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

We cannot wait to help more people build generational wealth through real estate this year!!

I’ve spoken with a few agents who estimate it could generate anywhere from $150,000 to $300,000 in revenue, which is a big range.

However, there are still plenty of tax benefits when it comes the income you generate from your multi-family property that you can deduct from. 

Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.

That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.

I know I already mentioned this, but @Mordy Chaimovitz...If you can get by with lower cash flow and invest for the long-term generational wealth (aka appreciation) in nice neighborhoods, that is the way to go, but it's tough to get by at times -- at least it is for me.Just know everyone's situation is different, and you should do what is best for your specific circumstances!

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.