24 dead now as of this morning.....Costs are already estimated at $250 billion, high winds returning (50-70 mph) through Wednesday.

After closing costs, it was about $107K.

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

I'm not satisfied with not filing the rental in an LLC simply because it's more simple and might cost me an additional filing fee .

I also love that you’re thinking about how tech and machine learning could create efficiencies in real estate—there’s so much untapped potential in that space!

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

That's like asking how much it costs to buy a car. 

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

The entry price is too high.The trick is to get the second acquisition at a lower entry, so you can rehab and refinance 100% entry costs out.

You can always consider doing a cost seg study on a property that you buy and that can also help with tax benefits if you cannot qualify for the real estate professional status.