In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.

We paid the contractors $12K - $15K as a deposit to start the job.

Great macroeconomics as well because there is job growth, population growth, and lots of big companies moving and building here like Google, Amazon, Facebook, etc.

I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

Hey Marc, When tracking your real estate activities for STR management, particularly to prove material participation, it’s important to clearly document each task you perform.

Partnering with well capitalized builders will help as well because they can maneuver through a job without solely being reliant on your draws.

And the manager is not financially aligned (and in my opinion, doesn’t do as good a job of screening tenants, etc., as I can).

Building Values for Investment PropertyWhen buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the building for depreciation purposes.

As you'd expect these giys are super busy an d you can't get a quote frpm them to save your life unless you said the magic words;  "I'm desparate and will pay 2x the actual costs today for you to take this job".   

Nine month into my low paying job in a new city, I had no savings.