Since COVID, the demand for cash actually increased, so this is a recession resistant play.

Deception and perception play a major negative role.

Role-playing.     . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?  

Cash flow is real, but it’s often a long-term play.

Many of them won't be convinced by facts, such as how much revenue STR's facilitate in and around Asheville, and will continue to push debunked sentiments about affordable housing, but the threat of lawsuits might make them play nicer.

You don't want to play a plumber so that your guests can have water?

Basically its a big credit card that I can now use for any business related purpose, in my case Ill use it to do more deals.So here is where the 8 unit comes into play.

If you’re looking to build long term wealth, accumulate assets, take advantage of tax code, and benefit from appreciation, then play the appreciation long game.

You have to play in order to win, but if you never get in the game in the first place that in and of itself equals failure.

I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.