Consider a Fix-and-FlipIf you’re comfortable with some risk and learning, use part of your savings for a fix-and-flip project in a market where demand is strong.

Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!

My take: Gather intel on the area (neighborhoods, tenant demand, property management), have a game plan for your numbers (cash flow, maintenance reserves), and adapt as you go.

The demand here far exceeds the supply so there is no reason why your property should not have been leased months ago.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

For stable markets, consider places in the Midwest or Southeast where properties are more affordable and rental demand is strong.

I want to point out that I’ve noticed his tone in emails can come across as demanding or even a bit rude.For examplez: I see how he writes to the group—always polite and full of "thank you"s—but when addressing me, the tone feels far more demanding.Would it be okay to respond with something like this?"

The economy is also pretty diverse and strong - lots of growth in population and the job market and there is strong rental demand.

Section 8 demand in Cleveland is through the roof, but unfortunately they don't actually pay that amount. 

Although supply and demand of 2nds ebbs and flows, we're still finding that there are plenty of 2nds out there today and expect more to come.