This tax scales up to 37% but not till around $12,500k in income for the year.   

Lee Arnold has helped a lot of people start or scale their real estate business.

I'm calculating for prop management even though I would likely owner-operate because I need to make something off the deal if I am focused on cashflow, especially if I scale and actually need to hire a manager.Given that interest rates in the area are about 7% and prices for single family and small multifamily have doubled (and tripled) in 7 years, the barrier feels way higher than it really should be.

It’s know as SCALING your business.  

Plus, they provide great opportunities for cash flow, especially if you’re looking to scale and reinvest profits into future properties.If you’d like to connect or chat more about strategies, deals, or even market insights, feel free to reach out.

A private lender is optimal (so you don't have to use all of your cash and can scale easier if desired) because you may not have to jump through as many hoops.

In terms of scaling to three to four multi-family properties, you could really start using the equity that you do have to your advantage. 

It's amazing how much you have scaled over the last five years. 

Regarding the views on high returns, what advice do you have for small scale investors?

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?