Or dive into the other town and learn from scratch all over again on the rental market? 

On the other hand, a 24-year history with an 18% net IRR that includes some losses may indicate a more seasoned sponsor who has navigated multiple market cycles and learned valuable lessons along the way.Regarding internally managed operations, like property management (PM) and construction management, scale plays a crucial role.

European builders have been using industrial hemp in residential and commercial construction projects for 30 years. After industrial hemp was legalized in the 2018 US Farm Bill, hemp building has started to explode in...

I currently own six properties in Indiana and I'm now looking to buy a condo here in Chicago for personal residence.

I'm still trying to assemble my team and learn as much as I can. 

I have not experienced this, but we personally sublease two units and have them listed on Airbnb and FF.

@Chris Martin Happy to connect you with my contact at Velur to learn more but they identify parcels adjacent to existing solar development (or residential, warehousing... different zoning options for diversification) and do the analysis on value, easements, zoning viability for development etc...they take their cut up front in the sale then when you get an offer for purchase down the road they help review the offer as well.

We just closed our second deal in the past 30 days, and for me, my portfolio or success, would not have been possible without an amazing partner.The reason for my post is that I've learned that real estate, especially multifamily, is a team sport.

$12k Profit Lessons learned?

Don't take everything personal.