I have been consuming as much education/reading regarding out of state investing as I can as well as literature regarding buying larger buildings (not quite the syndication level) although I have been reading that material as well to digest.

Quote from @Brad Kremer: Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today.

It's effective interest is similar to Mezz-debt at current rates but a bit lower.   

*I aim for a certain guest experience and keep occupancy lower to minimize wear-and-tear and respect my neighbors.

All of this equates to lower returns with turnover costs, being the primary one.  

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

Build - Rent - Refinance - Repeat the new BRRR with also hotel development and growing our land entitlement side. hotel development is simple, easy, and has institutional level backing. we really like extended stay development and just came from a hotel conference in Los Angeles. hope to close a few deals this year over 10 million 

@Chris Kay it depends what level of renovation you are doing!

Get to know the people on a personal level at section 8.  

JD, don’t disagree on some of the points you’re making above on responsive Web versus mobile app development, but it all comes down to level of engagement and what you’re looking to do with a site or service.