Is this true? 

What exactly do you think you'll be doing if, by some miracle, you managed to achieve lifetime financial independence in your twenties? 

Not true in 99% of the cases.

Im not personally a short term rental Investor but these are some of the benefits that may support your pursuit of scaling more rapidly Yes this is true about the STR which is a good option 

  $50/sqft for a full interior and functional update, $100/sqft for a full gut down to studs, $150/sqft for newcon .If these numbers make sense I would want to visit the property for a true estimate, where it would be line item work scope development. 

That is 100% true of this contract. 

Quote from @John McKee: 7% is better than a DST, but look at mortgage notes as they provide a higher return and have no acquisition fees, capital calls etc.It's true that you can get higher current return with notes, but there is no upside upon exit. 

I am now keeping away from funds that are leveraged so high and chasing yields that are too good to be true. 

Perfect example Oregon ( Hillsboro tech Hud) got a massive amount of Chips Federal Grants as Chips are seen as a National need ( dont want to rely on Taiwan)  Intel is largest employer in state . the city of Hillsboro identified 1700 acres to bring in to ensure future high Tech growth ( got to have the land)  the no growthers and farmers and newspapers scream we cant have sprawl U cant do this.. we have plenty of land already in the Urban Growth areas.. while thats true very few parcels are over 40 acres in size.

True!