Quitting your job to do real estate full-time is obviously attractive.You could listen to all of us telling you not to do it, but sometimes you just have to take a chance and make the best of it.There's a lot of successful people that didn't know they could fail and succeeded despite the odds.

Most people outside the profession don’t understand the time and capital it takes to make a project come to fruition.Before a single piece of equipment touches the ground, there are years of government meetings, environmental and site assessments, engineering studies, etc.Each step requires significant time, effort, and capital investment.But when done right, it creates a ton of value and transforms communities, which is why I love it.

Another caveat: there are a lot of STRs out there that are breaking HOA/local government/state/federal laws or strongly bending the rules, and I'm looking for people who did not do that or who mitigated risk there. 

Great leaders understand that their team's strength is key to achieving strategic goals, and they take specific actions to foster trust, collaboration, and resilience.

That being said- as an agent, you have a better understanding of how things work and what the laws and liabilities are.

You could increase the timeline and possibly save money by having other people do some of the work.

I understand that a roof repairs can be deducted as expense in the same year and a roof replacement needs to be depreciated over 27.5 years. 

As a real estate investor, understanding both the Debt Service Coverage Ratio (DSCR) and Capitalization Rate (Cap Rate) is crucial because they serve different purposes in evaluating and financing investment properties.

Some tenants are on the edge and act better when the problem people are gone.

Our tenants seem to understand the simple fact of no rent, no roof.