I'm a real estate guy so take my advice with a grain of salt.Still, here is my simple thought process and maybe you agree:Stocks go to $#@% first, then the economy, and lastly real estate.There are opportunities like this only once every 10 years or so where amateurs like you and me can do really well investing in stocks no matter what stocks we pick (As long as they are big conglomerates in the S&P 500).Diversify between 10-20 companies and hold for 12-24 months, if not longer.Sell and gain 50-100% on your invested capital.Invest in real estate (Buy and hold properties).Here is a chart of every 20% decline we have had in the last 100 years and the returns within the first 12 months when the market does finally take off and go bull.It is my belief that you can grow your wealth much quicker in this current climate by investing in stocks.However, as I mentioned above please take this blog with a grain of salt because I usually am the dumbest guy in the room and don't claim to be any smarter today then I was 12 years ago.

Of course, please take this with a grain of salt since I do not operate in your market.

But I digress….The Market may be Sniffing Something OutAs it stands today, the stock and bond markets are taking the inflation news with zero grains of salt.

Jennifer Colin with Salt Realty

Acquired several off market with great margins especially in the Mililani and Salt Lake area.  

Those guys end up buying marketing programs from one of a few specialized real estate marketing organizations out of either Las Vegas or Salt Lake City; and the result is the cost of their programs goes from $3000 to $40,000, the quality of their information go from a 8 to a 4, and once you’ve entered their program all your contact is with an employee while the guru is out giving seminars, workshops, and making videos.   

You will hear from folks who do really well in CA so take my thoughts on CA with a grain of salt.

Just pulling something from the internet (don't trust everything you see so take this with a grain of salt I'm not a lawyer): "If the building in question isn't officially designated as an SRO or hotel, it is illegal for landlords to rent individual rooms to tenants for a number of reasons, including that it could allow landlords to evade the maximum rent permitted by the Rent Stabilization Law and Code."

We are still having good success here in Salt Lake City

Anything metal that is outside will need to be oiled or protected monthly from the salt air, door hinges, doorknobs, gates, hooks, handles, bikes, light fixtures, chairs.