With strong rental demand near hospitals and colleges, plus California’s pro-ADU laws making approvals easier, this strategy can be a game-changer.

Alternative route I chose, I will leverage my duplex (purchased 4 years ago) equity through house hacking to have skin in the game on next flip.

Most of the bad noise right now is about downtown skyscrapers and REIT or Syndication apartment complexes where they played short term versus long term interest rates wrong.  

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

And given syndications are a marketing game more than a real estate game, it begins to give you real marketing content to share with the world to help drive new leads for future deals.

This one will cash flow a little when we move out but it was a bit more of a long term play for us (5-10) years, so we need the time to make it worth it.

But that’s the game we play. 

@Edward Toomey V I feel like this is a frustration for us all in the property management game.

I think real estate investors in the game just become confident as to handle new challenges and they call that being experienced - Just like parenting: you think you are experienced with changing diapers, but the child is growing-kindergaten-grade one-baseball/soccer- soon teenage and the jazz goes on - grandparent

Main thing I would think of if you are targeting families are things like pack and plays, cribs, gamerooms for kids, etc. as well.