Dave always delivers and has a way of taking complex data and turning it into a narrative about your future.

However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.

Seems more complex than neccesary.

This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.

This can yield high returns but comes with more complexity, like managing operations, employees, and industry-specific risks.

It was a wild ride for him, especially in the first year, but seeing guests enjoy the space made it all worthwhile.Given your engineering background and rehab experience, you're well-equipped to handle the complexities.

And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking. you are arguing one asset class. build a new hotel anywhere in America on any soil it's better than any apartment complex you can own. lower cost per sq ft than type 1 buildings and higher exit. we just ran into that and hotel is way better use after a rezoning application got declined for apartments. hotel is looking much better 

So I have spoken with a friend that manages an apartment complex minutes from mine but is a little nicer. 

Great point on the differences it can make wrt the more complex structures.

To add an additional layer of complexity I am under contract to buy land and build another STR.