I am about to turn 20 and I have realized that a large number of individuals in real estate that are ultra-successful are in the business of commercial real estate syndication.

This 4 plex is around a ton of other 4 plex’s and they’re not luxury by any means.

I charge the same as a motel, but people get a kitchen, washer/dryer, their own bedroom, a living room, a yard, a deck with a grill, and the inside of a house that looks like Hugh Hefners mansion.

Most people starting at 30-40-50+ don't have that luxury.

I have the luxury of time and have been putting much thought into this.

This is My plan as a noob investor. Feel free to give me feed back PLEASE . I dont have a mentor and dont really have a guideline so based of myself knowledge and research. 1. Print contracts 1a. Purchase &sale of...

Also two luxury hotels are supposedly going in near the Lynnway and the town wants to re-due the areas near the beach and Lynnway. 

Or, a $500k house in the midwest or somewhere like Georgia will be nearly a mansion, and that high of quality of property isn't likely going to have a very high rentability factor because it's too nice... people in that arena will just buy.- what's the rentability factor and what kind of tenants will it attract?

@Jason Woods high end luxury homes have definitely lost out on buyers for many reasons.

I've seen it in my own underwriting--with my ultra-pessimistic assumptions built into my model, I'm seeing a 20% to 25% haircut on pricing which means that a 4.5% cap rate is now closer to a 5.5% cap rate and might creep up even higher.