A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

A typical BRRRR in DC creates $200k in equity.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

SFR with ADU is no problem. but if you're considering adding an ADU to a multifamily property, consider the limitations you're creating on your back-end buyer if you decide to sell, or your own financing if you choose to refi. 

To stand out in the STR space especially you need to be very well accredited and offer and great and unique product.

Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.

Is it beneficial to create individual LLCs for each rental property?

It's easy to get stuck in analysis paralysis - the key is creating a strategy that aligns with your goals and lifestyle.Then, you can start defining what an ideal investment property looks like in terms of returns and property types, allowing you to evaluate opportunities that fit.Good luck!

Looking to add some unique features as well, but some of the draws would be a hottub and stocked pond to fish from.

one of my clients that has a pretty big PM company.. had a unique way of doing this.He offered 50% of the first months rent or 500.00 minimum.. he would have 4 or 5 agents at the weekly meeting handout the list of vacants .. each of them would go place a sign in the yard and first come first served.. he found that potential tenants would call the first sign if no answer they called the next one until finally someone answered.. it worked pretty awesome for him.