If you haven't activated your Invelo account yet, what are you waiting for?

These areas have much more active management of properties with more collection issues, more turnover costs, more vacancy, etc. 

Plus if you want to do the STR loophole and offset your active income with "losses" from your STR, you will need the losses to flow to your personal tax return.

The only caveat probably being you need to have multiple listings and actively manage closing one listing and opening the others at the 6 week mark?

I’m active duty Air Force with four properties, three are VA loans.

My attorney back then had a stack of active files that ran the width of the paralegals desk. 

Hey Bryan, I applaud you for wanting to put your funds to work.And, I 💯 agree that real estate is likely the best path forward.My question is this: How certain are you that the best way for you to "get into real estate investing" is as an active investor?

I specifically want to expand on Chris's point by discussing capital risk buckets, which help set a target return range for IRR.At my company, they are as follows:Core: Lowest risk, Class A product, in Central Business Districts, ranging from 7-10%+ levered IRR (since you're in development, I assume this is most of the asset class you handle).Core Plus: Still low risk, strong location with potential upside, 10-13% levered IRR.Value Add: Medium-high risk, Class B+ or B-, mediocre to strong location with operational or physical upside, 13-15% levered IRR.Opportunistic: Highest risk, major upside potential, varying locations, 15-20% levered IRR.As for the GP/LP split on promoted interest, GPs can choose an aggressive split, but the decision should be strategic and consider the preferences and risk tolerances of potential investors.

I'm particularly passionate about getting started in mid-term rentals in the Northern Virginia area.Outside of real estate, I enjoy any type of outdoor activity and physical exercise.Excited to learn and connect with you all!

So this post is to be mainly geared toward to help set expectations for out-of-state investors, and I'm hoping for some solid contributions from people who are actively (or recently) involved in successful acquisition/disposition of smaller MF in the Charlotte MSA (broker, owner, lender.. etc).