Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.

@Shiloh Lundahl I will do value add specifically with ADU development, so I am tracking permits to find other ADU developments and overall inventory growth to find a competitive edge with supplying demand in areas lacking larger residential developers aka "the middle housing"@Arlem Garcia Interesting, Tariffs will play a big role in supply chains, so it will be interesting to see how governments come to resolutions@Henry Clark Absolutely, imo gone are the days of investing for cashflow or appreciation, now it's about aligning long-term strategies with lifestyle 

Right now you have $1,000 in cash flow that can be used to fund other projects (seed money), pay you in profit to supplement your lifestyle, or fill in any gaps for underperforming properties.  

When I've talked to clients who want to buy their future retirement home, I first understand what they want in their future home.One person I talked to estimated that a Las Vegas home costing $800,000 to $1,000,000 on a golf course would accommodate their planned future lifestyle.

Love my job.. and its not a job its a lifestyle..

The answer to your question probably depends on other lifestyle factors, and your goals with your real estate portfolio.

@Tom Grieshammerthe best bang for your buck, if your lifestyle permits it, is to house hack. 

I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

It wasn’t an especially quick or glamorous way to build wealth but kept me from losing my shirt or my mind and contributed to a comfortable lifestyle over the years. 

These are often people making 600k to millions a year or higher in income but live 100k to maybe 200k lifestyles and invest the rest.4.