New investors can go at there own pace, build relationships, and get better deals on materials and labor. 

Intel is building $20 billion plant here, Google is building data centers, and Amazon and Meta are buying hundreds of acres of land. 

Thanks Matt, I am looking to build a portfolio of both long and short term rentals. :)

This would be a build and hold property.

This can have a very beneficial impact as personal property typically has a much shorter useful life for depreciation purposes than real property.For example, if you are getting a cost segregation study performed on a commercial office building, there will most likely be assets that have been classified as part of the building but are able to be reclassified to real property and depreciation over a shorter useful life such as 5,7 or 15 years rather than 39 years.

We also have healthy IRA's and will both qualify for social security in the future.We transitioned out of landlording and into being the bank on the larger buildings slowly. 

Builders typically are NOT long term buy and hold investors.they build they sell they take their profit and do another new build, rinse and repeat.There’s still a delta between seller ask and buyer expectations on existing property which makes sense.

I noticed on Zillow that asbestos was listed as a building material, but I didn't pay attention to it until my insurance agent mentioned it.

Yes...bought the building.  

It is very much about which lender can really close on the deal, especially on a complex deal like a retail building.