On a side note, the main reason for home prices being so high is restricted development.

We have outstanding occupancy (in the high 90%) at a rate that is basically the same as LTR.  

Very humble, hardworking, blue-collar family and they happen to grow up in a part of California that is highly desirable now.

What they did not realize is that if you want to sell the property after purchasing you first need to perform a quiet action title to clear the title or else the previous owner could potentially come back and attempt to cloud title.

The high-appreciation asset will gain more value monthly than the low-appreciation asset that spins off some cashflow.That said, are you sure the first home will appreciate more over time?

World of finance is in free fall, and being in new home development we went from running a thousand miles per hr to a dead stop in the blink of an eye, and being so high on that ladder, it was a long fall and a hard hit at the bottom.

I’ve seen high-highs and low-lows.

I’m in swfl and looking to invest in real estate straight out of high school, I’m creating a LLC to sign documents legally.

The very high income investor typically 700k a year and up income with job or business who is busy but gets googly eyes looking at some pro-forma high return and have no clue what they are looking at.

I found a partner with a high income/net worth that didn't have the time to do management or find deals.