One thing I think I would do is either hire a professional market research company and/or get a local high school or college marketing class to do market research and surveys to see if there is interest and demand. 

I added a bedroom to my two bedroom suite due to high demand last year. 

This requires in demand tourist areas.

We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.

Many investors underestimate how competitive the market can be, especially in areas like Texas, where demand for multifamly and single-family rentals has been high.

I would be very careful with a contractor demanding a deposit before they start work.

This market went through a large demand bubble in 2020-2023.

Focused marketing and targeting high-demand locations will be crucial for success.Commercial Properties: The commercial sector is returning, driven by renewed interest in malls and efforts to bring employees back to office spaces.

This helped me gauge some demand while I was prepping the unit.

Research shows that the more experienced home buyers have a longer and generally more specific list of demands than first-time home buyers.If our buyer does not have a home tour checklist, I give them a version that I have used for years (I did not create it, another investor shared it with me and I have used it).