A lot of these people either just want to make Guru income, or want to use you to fund their own ventures, through what you pay them up front, and additionally "working with" you down the road like a syndicator.

I understand this is a modest proposal in a world of higher risk / higher return ventures here, but I have the funds to do this alongside of some other ventures and I'm wondering if I might as well put some of this money to work and see a bit more passive income generated. 

Driever, I will start doing more research on HELOC's and see if that's a viable option for me and best of luck on your future ventures.  

. - Investor Keith Rabois is moving to Miami, Palantir cofounder and venture capitalist Joe Lonsdale is also moving to Austin, Brex's cofounders are decamping for Los Angeles, and Palantir is moving the company headquarters to Denver. - The pandemic has shifted how many tech companies value in-office work, leading to an exodus from the Bay Area and a migration toward more affordable cities.

As it would be my first real venture into the market, I would be scared of the extra risk.

. - 8x 1bed units-1x 3bed unit-Used for STRs-Needs repairs, I venture to say 200k (install pool, paint, split units, etc)-Can negotiate liquor license with propertyBank Finance- 1.4M with a down payment of 280k-NEG: leaves no cash to do repairsSeller Carry back-Bank note half or less $500-600k-Seller carry back $500-600kPro: leaves me with cash to make repairs Other thoughts?

This is a new venture for me so any help is appreciated...How are you all going about finding rental comps for your short term/vacation rentals?

I can't blame them for wanting to be profitable especially in light of the approaching IPO, but they used a lot of venture capital to attract realtors and buy out other brokerages.

@Thiago B DeSouza Good luck with your new venture!

I would venture to say that a 3/2 would be sufficient in most markets, including your own.