Hello Justin,  I want to start with multi-family buildings with 5-9 units max.

Would love to connect and share insights on building a hands-off, cash-flowing portfolio!

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

The challenge is the that you need to have a plan for the property that will allow you to improve rent collection, lower expenses or build the equity.

Too many low income apartment buildings near by / vacant buildings. 

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

Are there any similar surrounding buildings?

It’s inspiring that you’re both already running your own businesses—it sounds like you have a great foundation to build on!

I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out. 

It never occurred to me that I’d have to make the drive to this building for 2 months.