Lots of folks on here that are not real REI should pivot this way. 

So I think pivoting can be the right move.Florida is a very pricey market, I looked at a few markets around T.B.  80k will not stretch a long way in those markets and I near that the permitting process can be a nightmare. 

More and more we're seeing a lot of this evolution spill over into MTRs as well, especially as jurisdictions have banned or restricted STRs and those owners pivot to the midterm rental space.

Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?

Finally, preparedness for market changes is essential; developing plans for different market scenarios ensures you have strategies in place for various outcomes, and maintaining a flexible approach to your portfolio strategy allows you to pivot as market conditions evolve.By implementing these strategies, you can better manage the risks associated with market normalization, maintain your current returns, and position yourself for further growth over the next 3-5 years.

By Ben LovroOct 16, 2023IntroductionThe roles everyone plays are crucial.

Also another reason people can need to pivot from utilizing conventional loans is their DTI gets capped or they are self employed and thus despite having ample liquidity to conduct the transaction they’d trying to do, can’t document income to the lender’s standards.  

These factors also play a role in determining a tenant's eligibility.

@Tyson E Keslar There are a lot of variables to consider in addition to the roles and responsibilities that you have outlined.

Because, like all other people in the world, work ethic pays an important role in quality.