Obviously, a good team will be crucial for you since you'll be investing out of state.

I could complete the main road in phases, build 2-3 at a time (could do more really as we have 15 right now actively being built but realistically not sure how fast it’ll sell.

To leverage the STR loophole, ensure active participation in managing the property.

@Randee Erickson We are a very real company and we just saw this post as we are not active on bigger pockets.

Are there specific advantages or potential pitfalls I should consider when structuring these activities through my LLC?

Networking is also crucial for success in real estate, so look for local investor meetups or connect with others online.

Often the owners are active in selling and trading with other arcades and you can slide right in and purchase one they’ve been trying to sell or trade.What games are you looking for?

There is also a lot of activity in my facebook group, and it's all about MTR.

Hi @Mark Hafner, we are active in the Spanish real estate market and have been developing several real estate projects in the last few years in the Valencia area (Valencia city and the Costa Blanca).

It’s crucial to run the numbers and consult with a lender who can tailor solutions based on the specific investment goals.Best regards, Stevan