Am wanting to add a STR to my portfolio and thought having one near where I live was a better idea than investing out of state.

Thanks for your kind words and thoughtful insights.

Now, my thoughts (full disclosure: I am not selling you anything): I see it as a red flag that the GP is doing a capital call, but you don't know why.

Any thoughts or questions?

Be prepared to spend a lot of money creating the infrastructure.  

Have done some preliminary research and will do a deep dive, just wanted to see what folks thought of there were any obvious reasons why or why not or any markets similar that I should be considering.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.3.

So I'm always able to offer a lower rate and make a decent living without charging points.My final thought, if you want to find the single lowest price in the market, I don't know how many companies you've spoken with, but 5,113 companies reported making residential mortgages in 2023.

@Robert BishopTo prepare for your first real estate investment, build a strong financial foundation with a credit score of 700+ and an emergency fund.

@Tiffani Hollis, a few thoughts:1.