It allows investors to buy shares of high-value assets like real estate or luxury items without full ownership.Advantages of fractional ownership:Diversification: Spread your risk by owning fractions of various assets.Accessibility: High-value assets become accessible to more investors.Passive Income: Earn without actively managing the asset.Professional Management: Management companies handle maintenance and administration.Appreciation Potential: Assets can increase in value over time.

For example above $1M-2M might be capped or vice versa, luxury properties could come with a premium compensation plan since they are more difficult to market and transact. - In competitive markets for hot properties, how the buyer's broker is compensated will have a major impact on the option the seller chooses.

But it's pretty easy to find a contractor that is good enough to do the job.If I was looking to do a little lipstick remodel, I have 4 or 5 contractors I could call who would all be a good fit.If I was looking to do a gut remodel, I have another 2 or 3 contractors I could call who could handle that job.When I'm doing a luxury spec, there are 5 or 6 contractors that I'm talking to for bids on those jobs before I pick the best fit.Finding a deal on the other hand... you can't just call up a deal and say you're ready.

These are not luxury units.

I currently work for a luxury building materials company and my commute is about an hour and a half each way every day.

You travel in luxury for 20 years, then you die, and your heir inherits those 10+ cash flowing properties that are now completely paid off, with insane amounts of equity, and all those tax deferments fly away into the sky.Oh yea, and that $2000 per cost segregation? 

You either go luxury reno for top ARV or basic reno for lower ARV.

The luxury and unique experiences are still getting booked. 

Condo fees have increased dramatically that feel like you are making a payment on a luxury car. 

You may not have the luxury to buy in a good market, I would just focus on building your team and getting to know people really well before just buying anything.