My properties are typical mid-grade rentals in good neighborhoods (ie, not luxury apartments). 

Quote from @Jonathan Soto: cash flow would be tight but you have a great rate. might be best to sell and cash in the tax free capital gains if you qualify and reinvest the money to make more money.Definitely qualify for tax free capital gains, which is why it’s been soooo tempting to just sell haha but I also know that they’re developing a lot of nearby areas and more and more luxury stores are starting to pop up in the woodlands, which is 5-10min away, so I feel like this home could appreciate so much more in the coming years (probably lol but recognize everything could crash too)  

If you haven't yet, look into what Scott Trench is doing - luxury house hacking in Denver. 

Most of our "Spec's" are urban infill development in downtown San Antonio and we have a few luxury Spec's that are definitely not "affordable" housing!

We also sleep a lot and get up without an alarm clock, which after 20 years in corporate america has been probably my biggest luxury.

With a specialization in investment properties, Dianna works within the Luxury, New Construction, and Development markets.

I stay away from the luxury segement, I believe it's too volatile.

Hi River, Ideally looking at 2b apartments in the semi luxury market at this point

I love the idea of adding a touch of luxury to make it feel like a high-end haven, like a fancy Jacuzzi bath, just to name one.

For me, I knew I wanted to work on building out a listing business for luxury homes so I got to work cold calling luxury home owners and building my brand as a luxury agent.