After 4-5-6 years then maybe roll them up into a small mulitfamily.Another option if you have the credit and some capital is to buy a 4 unit as owner/occupied and live in one and rent the other 3. 

Absolutely man, I’ve got a small group of people I know personally who are ready to roll.

But a lot of these builders want to roll up and start putting sticks on the ground, so they want to see essentially everything ready to go to the city/county for approval before they sign on. 

Your feedback has given me clarity and your suggestions offered once implemented will mitigate some risks.I'm waiting on the rent roll and supporting documents for further analysis.

Every property will bring its own lessons, so just be ready to roll with the punches and use what you learn to make your next investment even better.

You just mitigate it as best you can, carry good STR insurance and roll the dice!

many years later this is my 1st time seeing this post. you are absolutely correct. the people have been the treasury since 1933. your signature is requires for anything financial to get rolling.

I would advise picking one of those strategies and rolling with it.

There is really no reason to roll the dice in a craps game.

Selling the current assets to roll over to other assets to alter the operations and performance.