We are already a fortunately high net worth family. however, that is from my spouses W2 income, so at this stage we don’t really have anything tangible to “leave behind” and we want to try to build generational wealth for our child. 

The electrical I am in the process of lowering all the outlets to the same level since 2 of them are about 4' high.

I would highly suggest that you also get involved in local real estate meetups.

Interest rates are high today, but do I wait and buy when rates drop or wait when prices jump? 

@Matan Paret  There are a few ways to appoach the start of your real estate investing journey and it is highly dependent on career path.

I have not heard of him but that doesn't mean he isn't a quality mentor.  

For most of us, that situation would be a year of very high profitability.  

If this MP is lower than the Calculated Maximum MP, the AP is too high, lower the Offer (asking Price) until the MP is equal to or less than the Maximum AP.  

This doesn't sound like it's in one of the high-performing resort-style communities, so I would be a little cautious.

We also see a lot of instances where newer investors are unaware of what quality and details need to be achieved (or not achieved) based on their desired exit strategy.