You could consider it disposable but I am guess the costs to get it safe for habitation will really impact your decision.Regarding the house on stilts, if it is properly engineered it would be considered real property with a unique foundation.

Cons - directing tri plex cash flow away from other investments for 4 years but also not impacting my W2 lifestyle. 

The shorter the prepayment term has an impact on increasing the rate.4.

Regarding risk my perspective is that it is much lower than typical common equity deals in that there is a 25% cushion re valuation drop before the pref equity holders would be impacted.

Partial disposition might make a bigger impact.

(From what I hear the first property can be very impactful to jump starting one’s real estate journey (or very very negatively impact it,).

That way, you’re not scrambling to find buyers after getting a house under contract.Delegate Low-Impact Tasks: Anything that doesn’t directly contribute to getting deals closed (like research or lead scrubbing) can be outsourced, freeing you up for high-value activities like negotiations.Is it Worth the Time?

PS if you're really fired up about starting your journey, take a look at our BPCON 2024, it's in Cancun October 6-8th and it may feel like diving into the deep end but making that investment in yourself and your REI education can make a monumental impact as you get started!

any benefits to this quantum thing over and above the other assets as far as growth or economic impact?

The characteristics of this tenant segment have a significant impact on your rental income.For example, below are the characteristics of the three major tenant segments in Las Vegas.