In fact, getting ahead of it now while your business is small might enable you to grow faster so you're not scrambling to build these in the middle of the growth. 

If you live in Texas this is a great resource to see how much MF inventory is growing in your market https://trerc.tamu.edu/data/building-permits/

I’m a new investor who purchased my first rental property this past year, and I’m eager to learn and grow my portfolio.

It is a ton of information but if you take action on all of it you will grow your business. 

It is exciting to think about having a big stack of cash to invest in something, but what if that something doesn't advance you the way your property does since it grows in value AND provides income.Maybe the $800/mo cash flow can be your seed money for stock you want to buy...? 

Maybe he's the exception.But the good news is - no matter what you do, if your brother just leaves it all as "passive" and doesn't mess with anything, whether short term rentals, or traditional rentals - the right tax planning could mean a box of his investment dollars that is effectively able to grow tax free. 

Wishing you luck as you learn and grow in this industry!

I'm excited to see you grow!

It also shows that you're serious and committed to finding a program that will truly help you grow.

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K.