Do we kick our steady tenant out and live in our Scottsdale condo or invest in another property and househack.

Bought a new construction in a very hot area (both temperature and housing market).

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

Slow & steady wealth building is sustainable wealth building.

But it's important to note that rental and retail figures are still ahead of 2019 levels.On the real estate front, prices are holding steady, though we’re seeing an increase in inventory.

Rent: Focus on long-term rentals to generate steady cash flow, with an eye on market conditions for any short-term rental opportunities.4.

Given your interest in rental units, that could be a solid option, especially if you're focused on long-term wealth building and creating a steady income stream.Here are a few things to consider:Financing: With some cash on hand, you might be able to make a down payment on a rental property.

I had a bit of realization yesterday and want to test the temperature, mainly for self managers and smaller PM's. 

Do you want to have a very low LTV, with steady cash flow?

Despite strong demand, new construction has kept vacancy rates near 8%, with rent growth steady but modest.Retail PropertiesRetail space availability is at a record low, with only 4.7% available for lease.