I strongly recommend against people buying real estate with zero money.

Do sunshine and beaches matter more, or a strong job market in your specific field?

With $4+ million in equity, you could conservatively leverage your replacement property(ies) and generate strong passive cash flow from high quality NNN assets.

In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.

Having a strong “why” and purpose to what I’m doing keeps everything into perspective.

Given your experience with RV parks and MHPs, you already have a strong foundation for managing mixed-income streams, which will be valuable here. 

Focus on finding a replacement with strong tenant screening processes and performance guarantees.

They’re super slow to get K-1s out and there was no mention this year of being included on their aggregated state return.  

Scottsdale has been an amazing base for me - so much outdoor beauty, a thriving community, and, of course, a strong real estate market.Since you’re diving deeper into your Johnson City research, have you started looking at specific properties or just keeping an eye on trends for now?

Unlikely.The backup plan is to have a strong lease.