If you start a JV in name but do not give your partners proper control and decision-making rights and the deal goes bad you open yourself up to serious consequences which can lead to SEC violations with extremely high fines.Lastly, you can offer the project up to investors who have no voting or control.  

Didn't work out because I still have a project hanging in Upper Chichester (Philadelphia, PA).

If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.

The market does offer lower priced investment opportunities and higher cashflow returns, with ongoing revitalization projects like the DORA boosting appreciation potential.

Also, the ability to find good deals with an accurate budget to complete the project up front from some good project managers/general contractors.

That would set you up and make it easier to scale to another or larger project.

I was thinking 40k but seriously idk jack squat so just a guess based on mostly past user growth projections.

Are you working on any projects or targeting anything specific?

Or take the proceeds and do the next project.

Many who started out as Novice beginners with fix and flips and now do large new construction and Multi family projects.