It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.

I usually interrupt them with "hey I am so glad you called" which usually makes them pause for a second so I can get a "please put me on your do-not-call list" in.

I am not sure what kind of appreciation a boutique hotel can create, as hotels are very much operating businesses and the real estate itself holds minimal value outside of the business operations. 

That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.  

There are losses due to vacancy during any turnover, but even that is minimal.

Also, consider partnering with experienced local investors or contractors to minimize risk while learning.Let me know if you’d like help with financing or any real estate questions along the way!

A good CPA will identify legal deductions you can take to minimize your tax obligation.

As in any business, there are a lot of tire-kickers which minimizes the amount of time I may spend beyond a quick intro call.Good luck,Steve

You can also focus on dividend growth stocks within your taxable account, as dividends can be taxed at lower rates, especially if you hold long-term.By balancing real estate with traditional investment strategies like bonds, stocks, and tax-efficient accounts, you’ll have a diversified approach that generates tax-advantaged income while minimizing risk.Let me know if you need help strategizing further or exploring real estate financing options!

Using cash-out refinancing, you can grow your portfolio with minimal additional cash from savings.Lasts throughout Your LifetimeYour rental income depends on your tenants maintaining similar wages throughout your lifetime.