These spaces can also be utilized for advertising space, enhancing the ROI.

Leverage can either significantly enhance returns for better or worse.

The lakefront is amazing by itself, but you can consider adding thoughtful extras to enhance the experience.

I think @Jeff S. nailed it.If you were determined to buy this I'd give some thought to a small office cluster for therapists/ practioners like counselors, massage therapists etc.

Consider paying down the high-interest debt strategically if it outweighs the potential returns from new investments.Additionally, understanding Real Estate Professional Status (REPS) and Short-Term Rental (STR) tax savings can significantly reduce your tax bill while building your portfolio, enhancing your overall financial strategy.

This raises a critical question: Is there a genuine rental demand in these areas, despite the city's ongoing efforts to enhance infrastructure?

Effective risk management ensures the sponsor is prepared to handle challenges and uncertainties.Practical ImplicationsEffective sponsor underwriting can significantly mitigate risks and enhance the likelihood of project success.

While owning properties in an LLC is a solid foundation for liability protection, it's wise to continually reassess and enhance your strategy.

I pray this would help someone thinking of entering  or who wants to enhance there real estate business.

For the sake of the product that you all want to massage baby oil all over and take to the beach on a nice summer's day, sipping a Mai Tai, and of course, crushing real estate on an app, just let this thread rest in peace.