Currently, I am leading a luxury condo project in Cabo San Lucas, aiming to elevate the market with exceptional quality, durability, and innovation.As I look to expand my project to the next level, I am interested in learning more about real estate syndication—how to structure deals, attract the right investors, and maximize returns for all parties involved.

I currently have a homeowners plan with Allstate and plan on asking them if they have something like a short term rental rider plan that I can add in addition to my current plan.

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

I am currently full time in real estate.

He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

As I approach the end of my current lease, I'm eager to embark on a journey of house hacking with multifamily properties.

Hello @Ryan Johnston,The decision to keep or sell a property isn't just about its current performance.

If you just take the 13,835 financed at 6% you are adding 83 dollars a month. so a double whammy.Now, lets consider if rates drop to 5.5% in 24 months (not a prediction just a what if) and you could have refinanced at a much lower costs then the above scenario in what you paid in pre-paid and additional interest. on the other hand, if rates for your same scenario after your 5 year payback period is 9, then you will have an asset with a much lower then current market rent.  

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

If your 401K is with your current employer, it is (effectively) impossible to make it an SDIRA.