Hey @Jan Halasz,I am active in Des Moines. 

Definitely not too late, but it may make more sense to be in passive investments versus active.

I run one of those homes as a STR.We're now back in California but I stay active in the Detroit market and help a lot of (primarily OOS) investors be successful there.All that to say... be open to your region in general.

Typically lenders want to see activity in the last 2 to 3 years. 

We have been actively involved with the entitlement side of multi-family investing. 

You enter the hospitality industry when you do so, and it comes active work and additional expenses for that increased income.

Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.

Are you looking for active investments in real estate?

But tiny things like visiting your own listing daily and making changes to it, tells the algorithm, "This host is an active host." 

In order to be eligible, you must be self-employed (e.g. providing goods and/or services through your personal effort), reporting self-employment activity on your taxes (e.g.