What is the expected population in the coming 3-5 years?  

How do we align commission expectations with our agent while ensuring our business adheres to its established guidelines?

I like to incorporate FF&E as a future investment (if construction carries over into the next year) and use MIRR instead of IRR.

Minimize future tax liability: If there are no changes to the legislature around Opportunity Zones, investors may have a large tax bill due in 2027 for their deferred capital gains.

I feel like its time for me to invest in something for my future.

Would love to hear more about your rentals / future investments!

If you ever need any consultation when it comes to financing on future deals, I would be more than happy to help. 

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

If the OP has "very little knowledge of real estate investing" how in the world do you expect him to qualify, understand and price the risk involved in dealing with a real estate syndicator?

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.