YOu should ask him why that would be the case and for some type of supporting language to back up his claim.

Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.

For example, hotels or short-term rental properties like Airbnb often generate more income than traditional apartments, especially if the location supports it.Entitlements and Approvals: Check whether your project fits within the land’s current zoning (by-right uses) or if it will require variances or rezoning.

We have never had a tenant that was able to produce any factual data that supports their concerns. 

If you are buying large multi-family, I would follow larger developments so your investment has a rock to support itself.

Wholesaling and flipping is going to be a lot more time consuming and active type of investment where building a portfolio of rentals can be a lot more doable while also working full-time. 

Also, if you have any local Senior Support organizations, they may have a long list of families looking for senior living.  

If you need any guidance or want to discuss potential funding options to support your investments, I’m here to help. 

They charge 15K for their 1 year support - a. the reality of this support : yes, they will respond to your questions but only if they are to understand how things work - like a real estate 101 class.

I also support the point of thinking at least 10 years ahead and only buy properties your future self will be happy.