Here are the projections for 2024 to give an idea of expected returns:2024 IncomeLong-term Income$8,400Gross STR Income$45,500 (based on AirDNA projections)Additional STR Income$5,915 (mostly cleaning fees)Total Projected Income$59,8152024 ExpensesSTR Expenses$16,453 (32% ratio)Mortgage$34,476Insurance$707CapEx$3,600Taxes$2,729Total Expenses$57,965Projected Cash Flow$1,850CoC Return2.79%2024 Additional ReturnsPrincipal Paydown$2,930Equity Appreciation$16,200Mortgage Interest Deduction$7,571Total$26,701Total Projected Returns$28,551Projected Return on Investment43.1%Projected Return on Equity21.4%The CoC numbers are not impressive, and the property only cash flows as an STR, which carries some risk.

Explore Tokenized CRE With RedSwanThis organization is a discussion topic in my investor circle; would Appreciate any insight. 

Additionally, consider your investment goals, risk tolerance, and timeframe to make informed decisions aligned with your objectives.

The also encourage people to do door knocking on the pre foreclosure list, and the use of bird dogs to do it.That is in summary their core marketing education, although Brent Mott, from their team, offers additional marketing education during some weekend every month, which provides some good quality education.Their educational program also includes scheduled support calls with Shenoah and other people in the group, several days a week.

I don't know much more about your or the property to make other additional comments or analysis on the situation.

I have around $500K to invest and also have the opportunity to pool additional funds from investors, totaling approximately $1 million.Considering the complexities and governmental regulations in New Jersey, I'm struggling to make a decision.

Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to explore avenues to shelter taxes through real estate investments.

But I spent a lot more money and spent 3 additional months. 

Samsung has already devoted around $40 billion to the project and now they are getting an additional $6.4 billion from the government.

I will be in Tampa in a couple weeks and plan to explore neighborhoods a bit more.Trace