Keep yourself updated on real estate investment tactics, market shifts, legal obligations, and industry standards by connecting with fellow investors, participating in workshops, and utilizing online sources.

But pref is really best as an option of last resort because the current pay makes the problems worse, and pushing back the LPs to a subordinate position isn’t ideal.There are a multitude of variations on these examples that shift the decision.

The higher the downpayment, you shift risk to the buyer and reduce your risk. 

You need to make sure the next 25+ after you move out of the property make sense as a rental and where I would shift some of the focus!

It's important to consult with a tax professional who can advise on how these strategies align with your overall financial situation, especially considering your full-time employment and income structure.Moreover, as your portfolio grows, and particularly if one spouse can transition away from W2 employment, the landscape of your income and tax liabilities shifts.

What is the general climate of the local government torwards short term rentals and do you see this attitude shifting? 

Shifting Your Mindset to Value InvestingBecoming a value investor is all about looking beyond the initial price tag.

Also, it may be smart to consider the differences in the rental rate if you were to decide to shift strategies to an STR or LTR one day. 

As soon as I shifted my mindset to offering value and treating the tenants as business partners along with a win/win/win for all is when things started to change for us.

But if your ARV is way off or you finish the flip 5 months from now and the market has shifted and you don't make much, neither do they.