But is this possible with my current capital?

We're underwriting all my single tenant industrial to an 8 cap exit right now.

Because I'm a licensed real estate agent, I found this opportunity through my weekly searches and knew it was in a prime location and held a coveted short term rental license, which has become a hot commodity in the area.

But if you buy the property well, your downside risk is that it is short term rentals don't work, and you can simply sell it for hopefully no less than what you paid.That would be my mindset.

Also, Since my buy box is pretty narrow, even though I’m pretty good at doing the title research myself, I’ll still pull a title report for each one.

Also:_________________________________________________________________________Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hi, I had a painter who seems inexperienced who painted my house( referred by one other good handyman who gave up after taking half advance saying he got big projects cannot do these small jobs).

I’m always looking to expand my network with like-minded individuals on here, so feel free to reach out.

However if your lawyer/CPA have recommended a Series for your particular situation - you might reach out to my friend Alex Gonzalez at Texas Partner's Bank, 512-956-5675

What I do think and this is just my 2 cent opinion is I do not think we will see steep drops, I think we will see some softening in areas over the next few years where we do not get appreciation - which with inflation still going strong will essentially lead to pricing staying the same / lowering slightly between now and 2027ish which with cost of dollar not going as far will be essentially the same as salaries etc. catching up to home prices.Hope that makes sense.