In playing with the numbers a bit, I'm seeing a trend of atleast 2% rent to price and (ideally) < 7% mortgage rate needed to achieve a decent cash on cash rate.

.: https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporateYep we shall see how this plays out 

So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense. 

Then, once you incorporate an entity structure, that will play a part as well.Hope that helps!

Dalton,A multi LTR strategy sounds like a great play for 2025.i would suggest attending any and all REI meet ups in your area that you can find; my brokerage hosts a bunch of them up in the north east and it's been huge for our growth.i would also suggest finding an investor focused agent.

I do think brand can play a very important role in the long term of something like this.

This platform has played such a key role in my journey over the years.

Also wonder how appreciation plays out in that area as well.

I'd definitely recommend that first (Chad Carson is the author).

So it can be good for cash flow and building in tighter spaces but it is less of a equity play in today's market if you're looking to sell right away