Maybe something that needs just a little work, but in a great area.

@Namal Burman, your post caught my eye because I had a former client-now a good friend-who found herself in a similar situation.

I'm in a cheaper cash-flowing market in PA.

We rarely have time to discuss it, but we want to build wealth in a way that allows us to potentially work together, get out of corporate, and move to a forever home in another state in ten years when there are no longer any parenting plans governing us.

I've found too many CRE owners overpay in a hot sellers market (much of the U.S. ) with a 1031 exchange + take on too much debt, since this is what they are used to and maybe the only strategy they know.

But if you’re new, relying on that razor-thin margin of error can feel like racing the clock in a marathon you’re not fully trained for.

Be sure that you are purchasing in a desirable location though.

The story behind Rommel here is that he was in a very abusive household with some bad guys.

There are a million other things to consider trying to do STR in a condo.

Unfortunately it's not practical in a rental unit.