For the general question in your subject line "is it smart to invest in real estate" I would say yes.

@David Neubauer Forming an LLC is smart for liability but can save you taxes if get an S-corp.

This approach helps mitigate risk, especially in a fluctuating market, by allowing you to weather potential downturns.Your strategy of going long on USD and short on AUD is intriguing, and it's smart to consider how the currency exchange dynamics will affect your investments.Regarding the Austin market, there has been notable activity in the lower end and affordable housing segments, with many buyers entering the market as they look for opportunities.

We seem to be returning to the “Drive until you qualify” days, where homebuyers are forced to move further out to find affordable housing.For someone who works in Marlborough and only commutes a couple of times a week, buying a multifamily home in Worcester might seem like a smart investment.

In today’s market, with rising interest rates and fewer good multifamily deals available, focusing on (SFH) might be a smart move to get started.

Using a HELOC is a smart way to unlock the equity in your current home and put it to work for your next investment.

You have come to the right place to begin your investing journey.Awesome board with many smart people having own suggestions and ideas to grow wealth!!

2) Grace Period: 5 days- Many judges in our area frown upon no grace period- Ours is voidable if tenant is late more than 3 times in a 12-month period3) Late Fee 5% on the 6th- Our software auto-charges- We will waive for a GREAT tenant, 1 maybe 2 times annually, just like a lender may waive the occassional late fee4) Daily Late Fee: 10% per diem- Our software auto-charges- We added this years ago when a smart aleck tenant, upset that we wouldn't waive their late fee, told us they would pay the last day of the month.- Judges often throw these out:(5) Eviction Notice for Nonpayment of Rent: sent ASAP- In Michigan, it's a 7-Day Notice- Our staff bulk sends on the 6th of each month, no exceptions- Even our best tenants get them and we just tell them it's automated and they can ignore if they payRecommend you have a detailed Eviction Procedure and follow it!

I’m trying to be smart with the $90k, so any advice from those who have been through something similar would be greatly appreciated!

Dividing the property into separate lots and placing them in distinct LLCs is a smart move to limit liability.