Consider whether you aim to build a substantial real estate portfolio for ongoing income or diversify investments over time.Risk Management: Assess risks associated with property ownership, including vacancies, maintenance costs, and market fluctuations.Risk Management: Assess risks such as vacancies, maintenance costs, and market fluctuations associated with owning multiple properties.Tax Planning: Work closely with a tax professional to develop a balanced strategy that maximizes current income offset with depreciation, while planning for depreciation recapture and optimizing use of 1031 exchanges.

We try to include assets like: storage, RV, parking, agricultural, timber, development, multi family, industrial and hospitality. 

The issue is small units in small counts is the most expensive development.  

There are also areas to watch out for safety-wise that offer lower price points.Columbus prices are rising quicker than Cleveland as the city is experiencing a great amount of investment and development.

But liquid to ride any waves or take advantage of any buying or development opportunities.e.

I am doing my own due diligence but would appreciate advice from others in the local area given all the new supply that has come on recently and still to come in the Nashville metro area.My understanding is that this submarket is not that affluent but there is a lot of development going on, is right “in the path of progress” and would offer an experience for Class A renters that is unique from all the downtown development.

The seller was the original developer that had owned these properties for decades.There was no underlying flaw or hidden upside that would drive this behavior.  

You go from 4 to 8 to 16 doors etc. and you develop systems based on door count.

It all boils down to the track record and reputation of the sponsor/developer.

Look into Government and Local Programs: Check if you qualify for SBA or local economic development programs that offer lower-rate refinancing options.4.