Also, Lone Star Capital has a model that you can download for free (https://www.lscre.com/resource/underwriting-model).

High interest rates and dwindling capital reserves have led smaller investors, who have long driven the market, to pull back.Shift in Investor BehaviorFor years, individual investors fueled price growth through small-dollar deals, but rising interest rates have made them less aggressive.

I've received different advice - on one extreme is sell off all your rentals, take the cash and take the capital gains tax hit and invest in stocks/index funds (not from a RE investor, from people I know who are horrified that I have more than one mortgage), which I won't do.

I’m pretty ignorant to how bonus depreciation works- is there a way to calculate how much of the 300k capital gains tax we could offset with a 2+ mil purchase?

While there is nothing illegal about this, and there is certainly value in over capitalizing a deal to have reserves, this is a balance.  

We're looking to get back into flipping at least 30% of the deals we get and are interested in raising capital for these projects.

By capitalizing on financial stability and perks, one can establish a solid foundation for real estate investing.

Nothing is the top niche because it's highly dependent on what you are interested in, who you know in that class, what your goals are, and how much money you have to invest in your education and/or assets.In general, no one new to investing should start with mobile home parks just from an operations and capital standpoint.

@Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well.

Present your investment opportunities to your investor list and capitalize on the power of referrals.