Originally posted by @Ethan Cooke:@Nick Kraska - It really depends on how much you want to get involved in building a team/network, minor maintenance while you're there, etc.

I am looking at 1031 possibly or just fixed refi/or use my heloc for the time being on a value add for a building 10-40 units (market dependent on price). 

Hi Everyone,I’m thrilled to join this community of like-minded real estate enthusiasts and investors!

As for starting a business, are you looking to start a "real estate" business or "non-real estate" business?

To thrive in real estate investing, you must maintain a firm grip on your finances.

The percentage depends on factors like project complexity, timeline, and contractor availability.

I've been on the western slope for over 30 yrs.I built my primary, its; Slab on grade, stucco, concrete roof, painted with E-84n roof soffits and tailings fire caulk (anti-ember) vulcan fire vents, 4 car wide concrete driveway, extra large house numbers, red 3/4" hoses on reals @every corner, completely denuded of vegetation 100ft.

PLUS can you guess what they will be like when a real issue comes up?

It will likely depend on where you are looking. 

I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.