Challenges?

The game is getting more and more challenging for sure!

@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.

They must satisfy "material participation" test for their STRs to utilize the strategy.

Quote from @Ty Coutts: Hi Michael,With property prices appreciating, a 10% down payment can make it a bit more challenging, but there are still options.

@Stephen SmithReno's multifamily/commercial market faces challenges like limited inventory, high demand, and high entry costs.

Challenges?

Agricultural land and residential development lots both offer strong, time-tested returns, especially in growing markets.I’d love to hear more about your experience with subdividing—what challenges have you run into, and how do you determine when it makes more sense to hold versus sell off portions?

And while it has it's challenges, I love this area for long term rentals.

Im not a fan of seller financing unless that property is free and clear and the seller is offering reasonable terms NOT on money they have borrowed. just too many people get into this type of thing without understanding the whole picture, like title being moved into the buyer's name, due on sale clauses... etc. etc. also, just because its a very commonly overlooked guideline which makes financing on 3's and 4's a little challenging: FHA requires the property to self-sustain its own PITIMI by the rents.