After learning to identify the correct investment opportunities, learning to utilize debt (responsibly) is the single most important tool an investor can master. 

Even if you are the master Guru in both revenue generation and value add for STR its a worse deal.Equities- are set up for a 50% loss.  

Starting small with multifamily properties is my ideal preference at the moment, as I focus on learning, growing, and immersing myself in as much information, data, and real-time experience as possible.As I build my investment portfolio, I could definitely see myself being interested in scaling up to larger acquisitions in the future, but for now, my focus is on mastering the fundamentals and starting small.

ARV 900Total reno was 170k Appraisal $399.00 Shut off valves $95.75 paint $300.18 Commeercial enzyme cleaner $72.09 Water activation fee $51.38 shut off valves $38.52 Kilz restoration primer $275.66 Kilz restoration primer $150.33 Shower tile-Master.

sign a master lease with a struggling office landlord, have revenue splits.This seems like your only path forward

I use Mariell Brown from MGA --he's a master plumber. 

As I get deeper into Commercial Investing (the research of it), I am always think I am closer to getting a MultiFamily. Now I have read some of the well off say in so many comments.. Just save money and etc....This co...

I also consider this entire Arbitrage / master lease as passe'.

There are homes that sold in my area with converted garages into "master bedrooms with a sink" (that's what people here did before the legalization of ADUs) that sold for about 40k more due to the added square footage in the home.

.- We can better control what's on our master key system- EVERY lock at a property is opened with one key (well, maybe not the garage car-door)!