I now completely understand the differences, and while consuming real estate content for the past week on this topic, I have also been leaning towards multifamily and this further cements that.

Understanding your financing options as a first time investor will also help you act quickly on a deal.

So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

can't even begin to understand where you are today, but you and your family understand, and that's all that matters! 

It's crucial to keep investors informed about these factors and help them understand the rationale behind our long-term strategies.

But, you need to understand the intensity, time commitment, capital needed, and skill set required.  

While I understand appreciation isn’t something I should necessarily bank on, but I am looking to hold for the long term and eventually relocate to the FL.

or "No", really don't understand tenant and vacancy management.

They also don't understand the law, or the changes that are happening around the country.

Any owner who understands STR arbitrage will want a premium.