And there's not a huge short cut - if you want a $500k income from real estate, you're going to have to invest $5M at a 10% return, or maybe you're really good at this and can get a 20% return on $2.5M of invested cash. 

I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version.

.——————————————————————————————————📊 Nevada Tops the Unemployment ChartNevada's unemployment rate stands at 5.7%, the highest in the nation, tied with Washington, D.C., and well above the national average of 4.1%.

That’s why small towns often go unnoticed by major investors unless they have local ties or connections to the area.Within about an hour’s drive from Lexington, there has been significant activity.

Also, if you keep your money tied up in the form of equity with a low rate of return, you can be considered to be losing money if there was a higher interest rate opportunity you weren’t taking.

If this is how they are treating a potential investor/customer who will bring them money, I wonder how they are going to treat existing investors who already have their capital tied up with Sunrise.Hope I am the last one!  

You can say a knife is dangerous because it can cut yourself with it.

So my best advice would be to not make a clear cut decision yet, but keep your eyes open for an opportunity that gets you there.

For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.

Tenant may have forgotten to cut it before a vacation.