If they work and the risk level is something you are comfortable with, go for it.

Obviously you can maintain a stronger presence and level of involvement investing in properties near you.

My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.

But by the way they perform Matt must over burden them with tasks outside their experience level.

Moreover, office spaces often face more competition, especially with the rise of remote work and changing demand in the market.On a personal level, I prefer industrial real estate for several reasons.

Luckily for me the state of Florida has state level protection which bars municipalities from passing new or amending their existing laws.That said, I am seeing cities like City of Saint Pete crack down and are enforcing their laws for the first time in years.  

MB's calculator is a great tool, and also a very dangerous one if you dont know how to use it or are not familiar with how to use excel at a medium+ level.

i'm just saying - that doesn't rise to the level of meriting "partnership." 

And the reason why your "tale of two halves" will play out as you described.Demand:  This has actually been high almost all along, but rent growth hasn't materialized in response due to high levels of new supply. 

I do not recommend this level of tax fraud as the consequences can be serious.good luck