This approach not only enhances the potential for financial success but also cultivates a deeper understanding of the real estate landscape, empowering investors to make choices that align with their long-term goals.

If property values are stable or increasing, your strategy might be solid.Exit Strategy Since you plan to refinance in 12-18 months, consider what happens if interest rates don't drop or if refinancing terms aren't favorable at that time.Questions you might want to askAre there any zoning or regulatory issues with converting or renting the units as mid-term rentals?

Home prices have been amplified because of the increased costs for builders to actually build a home in the US, mainly:Inflation (materials and labor).Regulatory burdens.Let’s look at both:InflationPrices for everything necessary to build a home - including building materials and hourly labor - are much much more expensive.

I have heard developing an rv park one should budget $30k per space, which seems high to me but, all the 50 amp underground power, waste plumbing, possible lift stations, pads for rv's concrete use areas, pavement, landscaping, engineering, surveys, sitework etc, maybe?

Engineering , permits , stormwater management system , clearing , reforestation fee , sediment control , and landscape bond , all this would run you around $175K .

I also have the landscape company, approved by the HOA (see #2), using drones to take pictures just in case I need additional backup for insurance.

You have to split the common expenses in 2 - mortgage, taxes, insurance, landscaping, etc.

May I reach out if I have questions about the REI landscape?

. $400 a month for utilities, $500 for misc expenses like toiletries, maintenance/repairs, landscaping etc. $150 a month for insurance (this might be low?).

However, annual rents for lease extensions grew by 4%, highlighting renters' preference to renew rather than enter the challenging homeownership market.Looking ahead, the multifamily sector presents a mixed landscape of opportunities and challenges.