Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

If you're planning on only living there 1-2 years, rent may not change THAT much, so calculate what the rent would likely be right now for your side as well. 4.

We are planning to purchase a home and convert it into a community living space for people in recovery.

You sell when it fits with your original business plan (targeted NOI is reached, timeline is reached, etc.). 3.

I plan on getting a few more pieces of real estate once i see how the market shakes out.

Ultimately, it’s about what aligns with your budget, risk tolerance, and long-term plans.

Or maybe a liquor store, which may seem innocent, but could bring in a different crowd.In terms of "when to sell," it's all about what you plan on doing with the money.

We plan to turn the small recording room into a small office.  

Our initial plan is to house hack a quadplex somewhere in Orange County.

-Leverages your current momentum and enthusiasm for investing, potentially accelerating your path to financial freedom.Cons:-Requires managing two properties, which could add stress unless you already have a system in place (or plan to hire a property manager).