Knowing which part of the cycle you’re in helps tailor your approach: Expansion: Focus on long-term investments, high appreciation potential, and new developments.

In CA there's no big supplies coming on the market in most areas where there aren't mega developers.

Bali, for example, is seeing strong demand in areas like Kedungu, Tabanan, which is rapidly developing and located just 15 minutes from Canggu—making it a hot spot for investment.That said, it’s also wise to diversify your strategy.

I’ve had it on my radar for a few years and cost vs revenue doesn’t line up.

I've developed some great relationships and also a business partner from these meetings.

You will know and get to know the market better, plus you will start to develop local connections which can help.

You can inquire with local banks or community development financial institutions (CDFIs) about CIP and other similar programs.2.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks so much for the warm welcome Samuel and for sharing that resource!

This will simplify later management and development if that becomes a possibility.I would also then recommend a 3rd LLC that is a management entity for the property. 

Anyway I can only imagine this market will burst once rates drop as we've appreciated 10% YoY on "higher" interest rate environment.My 2 cents on your acquisition: Miami and Broward have many upcoming developments and it helps to know where they are being developed, as we all know, location is #1 and it helps being in the path of progression and gentrification.