Quote from @John Busch: Truly appreciate the multiple responses and look forward to continuing our communication as we live in Southern CA and do not have many contacts in that part of the county. 

My vote is if you are going to continue to buy, you need to utilize leverage.

Networking plays a crucial role in this industry and remember to keep learning continuously.

I will continue to work on the things you mentioned 

I'll continue you to read on the forums I've learned so much in the little time I have engaged in the forum.

In 2021 there were two competing ballot measures that the citizens of Denver voted on - one measure from open-space advocates that would continue to prevent WIP from developing this parcel, the second measure sponsored by the WIP themselves that would exempt the property from the current zoning restrictions. 

Kicker is I don't have to sell, I would simply be happy with not renting anymore and continuing to build equity.2-Correct purchase and renovate a 3-5 unit building.

They are a great financin goption if your goal is to continue to scale. 

what's your intention for continually raising capital?

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future.