I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

But house hacking, short/long term rentals, new build/ mixed use developments and  live in flips all have my attention right now. 

Here are a few strategies that might help:- Leverage Industry Benchmarks: Many investors use a percentage of gross rental income as a quick estimate for operating expenses.

What do you consider a good ROI % on a long-term rental? 

My personal goal is to build a rental protfolio, but I'm open to anything.Thanks in advance. 

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I have two rentals in Augusta.

Unless you have the rentals paid for by the time you retire, they aren't going to be enough to live off of. 

Looking to invest specifically in luxury beach rentals, so would love to connect with other people in that space (agents, lenders, etc). 

I currently own (and property manages) one investment property (2 family rental).