Possibly but the problems I’m having stem from having too many cooks in the kitchen already so to speak, and failures of what is supposed to be seamless transitions among different payment systems, so I’d be worried that adding another layer of complication, more entities and more software could lead to more potential failure points.

The market here feels like it’s on the verge of a shift—many investors who bought in the last few years may need to sell, which could open doors for those of us ready to take action.A little about me: I grew up in a working-class family where I started young, helping my father and uncle manage their properties and businesses.

That is more likely to happen with a blue-collar, middle-class worker than it is with a wealthy person.

Also Joe what he never mentioned in any of his "class" is that .... nationwide CRE default rate has been increasing 400% in 2023 compare to 2022 for office asset class and 100% for multifamily, 2% loan default in 2022 and now 4.5-ish almost 5% ; the actual number of apartment that has operating DSCR<1 must be much much more larger.Here's the latest data on number of loan default as of today.

Class midwest issues. 

Yes it's a little onerous to get started, but the guests or a better class than my Airbnb guests for the most part. 

Given the size of portfolio needed that presses a need for it to be mostly A class assets to mitigate operational weight, so it could push closer to $80m in acquisitions. 

I would speak to lawyer and let them review the agreement maybe can do a class action and sue personally the managers if fraud.

It's a balance of cashflow and wealth accumulation.One of the goals is to have tenants pay as much of your cost-of-ownership as possible (loans, taxes, insurance, etc.)In high-cost areas, any Class A or B property you buy will usually negative cashflow for the first 3-5 years, until rents rise enough to cover the negative cashflow + rising taxes & insurance.Investing OOS increases your risks because you may not know the market and you can't check on everything/everyone all the time.If you move forward with your buddies, HIGHLY recommend creating a solid Partnership Agreement!

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.