I wish I could make it work with sub 100k properties, but that's usually fools gold (especially in 2023) and just not where you find long term success.

I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.

When you are creating notes from the start with the intent to sale, you can also consider a 1st/2nd structure that can help you achieve similar results as a partial but start getting cash flow sooner. 

That was not always possible, especially with HELOC seconds, but it also was not uncommon.To Your Success!

Lastly, land development requires solid planning and capital, so getting the right development loan with flexible terms will be vital for success.

Good luck and much success. 

I plan to manage the properties myself until it conflicts with my regular job.I would appreciate any advice on these markets to ensure success and connect with local investors.    

My main goal is to successfully house hack and start building long-term wealth through real estate.How I Got Interested in Real Estate InvestingI got interested in real estate after learning about house hacking and seeing how it can be a smart way to build financial freedom.

I wish you the best success and looking forward to working together.

There is no additional valuation for the STR business.In the end, past performance is not an indicator of future success.