I am primarily concerned with completing renovations in a timely and satisfactory condition, so I foresee the selection of GC looming large in my project's success.

I am not obsessing over numbers right now, more concerned with doing the right kind of work and building something sustainable.

I would be less concerned about the cheapest money and more concerned about decent terms and execution.

STR is another concern, many towns have laws against it but most towns do not enforce these laws, just make sure you are aware of them becuase they can be enforced. 

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

A lot of area looks barely touched and then of course you have devastation in Fort Meyers Beach. https://storms.ngs.noaa.gov/st...My first concern is with the people who are suffering, but of course we have to think of our investments as well.

This concerns me about the potential to maintain a solid tenant base and would likely cause a higher vacancy factor.

Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend. 

Based on your response Katee you clearly have not read through my comments in any detail or tried to understand my perspective or concerns.

Ethical ConsiderationsYour concern about ethics is valid and shows you’re approaching this with integrity.