Hi Sam, I would say that you should consider leaving this deal if you are concerned moving forward. 

We had Crestcore Management and they neglected the tenant so the tenant moved out because they weren't able to fix the heating concern in a timely manner.

I’ve had a couple of properties over the years that I think would’ve worked, but I was concerned about who would run the operation.

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

Need I be concerned with UBTI?

I'm not concerned about his being able to make the payments and trust him to do so. 

It's not enough money to be concerning yourself with better ways to re-invest the funds.

This could also lock in a long-term fixed rate if you’re concerned about market fluctuations.3.

I would be very concerned about someone holding the 50k deposit for finish work at the end..

People’s Republic of Asheville is more concerned with STR regulations than people living in boxes on the streets.