STR feels more like a strategy to break even or eek out a meager return on a great asset than a strategy to cashflow.

Anything single family will require very creative strategies in order to generate cashflow. 

I'm looking to lessen the load of work and concentrate on my exit strategy sometime within the next 10 years if not sooner.

We all need a solid strategy and we need to follow it, no exception.

Proof of concept seems to be a key part of your strategy starting off.   

After holding a property for more than 10 years, investors can sell the property without having to pay capital gains tax on the profits, making it a favorable environment for long-term investors.Investment Strategies for American Investors in Germany1.

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos.

Are there any particular markets or investment strategies you’re leaning toward?

I really want to do an apartment building but i want to build a track record first of smaller deals and just looking for a strategy to get into deals similar to a subto or wrap.whats an agency loan?