Once again, it isn't for everyone, but the sacrifice can be rewarding in the long-run.

The tax code wants to reward those who hold on to it "forever" and penalize (or at least claw back some of the benefits) those who exit.

So "hack" it, hitch your wagon to the right "Rising Star" and enjoy the rewards together. 

What is $40mm in 2024 worth from both an inflationary standpoint, US dollar devaluation standpoint, and in real estate what could you have leveraged with the same $2mm investment in another market, plus risk/reward 1 $2mm investment versus 5 $200k investments.  

The workouts are brutal, but very rewarding.

The small office is not stupid right.they now as yield goes higher for longer , risk/reward basis it's more advantageous to invest into debt/lending than equity.It's just math rather than trend. why in the world you one to invest to 11% equity if you could have do-nothing 9% debt lol

-Network at local real estate meetups.Out-of-market investing can be really rewarding and profitable if you plan well and do your homework.

If you can come out with $10,000 - $15,000 in cash, after-tax, in you bank account, BEYOND the amount that you will be putting down on the property (the 3.5% down PLUS $10K cushion), you are probably getting to the point where you can make a house-hack purchase where the risk/reward is in your favor. 

In other words reward failure and punish success.   

Your enthusiasm and dedication will undoubtedly lead you to a rewarding and prosperous career in real estate.