I own 20 acres of land valued at approximately $80,000, and I want to build two short-term rental (STR) units on it.For context, my family already owns two long-term rental (LTR) units in the same general area.

Investment Info:Single-family residence other investment.

I bought a single family home for cash in November, did the renovations and now have tenants.

Overseeing tradesmen while they work on your properties sounds like material participation to me.

The combination of families looking for more space, good schools, and a quieter lifestyle has been a big driver of demand.For my investments, I’ve noticed:High tenant quality: Families or professionals relocating to suburbs like Naperville and Wheaton tend to stay longer, which helps with stability.Increased competition: It’s definitely tougher to find good deals, especially in top-tier school districts.

Hey I am looking to get my first Multi-family investment in St.

Quote from @David B Graham: Investment Info:Small multi-family (2-4 units) buy & hold investment.

I was more interested in Fix and Flips or maybe even rentals for single family properties.

I currently work with investors building and diversifying their portfolios with Single-family homes over the midsouth/midwest, and I would love to connect with you and share some insight on the turn-key world and swap investing goals.

A 1031 exchange will allow you to sell your building and use the proceeds to invest in a small multi family and/or medium term rentals.