Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

That generally means getting paint from someplace like Sherwin Williams and using one of their long-term colors.

Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN,  your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.

It's now converted into a cash-flow positive long-term rental.

Does anyone have any experience with furnished mid term rentals?

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

•My goal is to build long-term cash flow through rental properties while ensuring my partners see strong returns.I’d love to connect with investors interested in passive income opportunities or those who have experience structuring joint ventures.

The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.

My long-term goal is to build a portfolio of multifamily rentals while also working as an agent helping investors scale their portfolios.Your experience sounds incredible!