Focusing on equity growth makes a lot of sense if you're in a position to take advantage of those opportunities.

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

The issue is, like many others pointed out, that the numbers just don’t make sense.

And it makes sense that you don't need so many baths, but I liked the thought of building it out like that because I think long-term, there is still value in it if someone wants to buy it and do full coliving or sober living would be ideal.I definitely don't regret having done it that way, but for someone starting out when money is tighter, it's not necessary.

What other steps would you take to see if it makes sense to relax the rental criteria?

Only do the deal if the numbers make sense.

In other words, it doesn't make sense for the seller.

In 2023, we were looking to expand our rental portfolio, but couldn’t find anything in our area that made sense.

Depending on your market it may not make financial sense at all.

I sensed the rising interest will make impact on real estate market so I withdrawal all my investments at the end of 2022 or early 2023.