He looked at two of the dozens of properties and said he had seen enough and took a pass, on looking at the others.

Without getting into the nitty gritty, I am new to this, but I'm partnering with someone who is very experienced and has a dozen flips under their belt.

I suggest contacting an RE attorney who can assess your options.

There are a lot of cheaper areas in the Midwest and South where you could take that 500K and buy either a dozen or so properties (with a DSCR) or buy a bigger multi-family.

There are dozens of other benefits including a free SDIRA account to invest in real estate through a 401(k) or IRA, individual and group coaching, VIP access to off market deals, referral partner status,etc.

There are over 2 dozens of your clients all with different stories but similar situations.

A SE walk through would run around $600-1000 to assess it and would be a good starting point honestly.

I ask dozens of questions and feel like a nag most of the time, but they always reply and help.The attorneys I have talked to are personable, easy to talk with in laymans terms and really help tailor to my needs. 

If you want to find out how much equity you have to see if that’s an option for you, connect with a real estate agent and ask for a professional equity assessment report (PEAR).Who knows, you may find out you have enough equity to buy your next place outright– and with today’s mortgage rates, not having to take out a home loan is pretty incredible.

STR's don't create real estate value they are a business  I have a dozen and am building 2 more this year so I like the business model and I have over 100 regular rentals.