They are not wrong, but restricting STRs isn't going to change that; building more affordable housing, on the other hand, just may. 

However, the other benefits of owning real estate are: - Taxes (depreciation/potential accelerated depreciation)- Appreciation (this is NOT always guaranteed, but over time, you will have appreciation)- Building equity (in this scenario, as long as rent is paid, you'll build about $140 monthly in equity)Please note some expenses that are missing from this are: - Management fees (8-10% on average, if applicable)- Estimated vacancy costs (2-3%)- Estimated repairs (5%)Disclaimer: I am a real estate investor and own four rental properties. 

“Business equity line of credit: Use Real Estate as Equity” up to $500k, interest only. gather your business and personal tax returns, financial statements, articles of incorporation and other legal documents.”Vectra Bank - ColoVeritexTexas HELOCWAFD BankOrigination fee 1% or $700.

My wife's grandfather owned many buildings in NJ and I have seen that 2 generations have lived off of what he did in one way or another. 

I was able to negotiate a package that included the land, some of the materials, and the permits to build it.

It positions you well for real estate success but don't stop there, explore different investment options and build connections with people in the field.

Does it take years to build a new construction and when does the mortgage start for those?   

But for me since i business travel in the US extensively and build up a lot of points I use those for hotel rooms . 

I have project management and re agent experience along with time so I keep coming back to flipping with an occasional brrr to build long term.

Hey David, I would say this largely depends on how many units you have, the age of the building, and the quality of the building/neighborhood.