Many investors discover that, as they gain experience and modify their tactics in response to changing market circumstances, individual objectives, and lessons discovered, their original strategy often takes on new forms over time.Preventing Obstacles: Although beginning with little to no money could be difficult, it's important to be aware of potential hazards and obstacles along the route.

Look at the current rental income, operating expenses, and potential for future growth or improvements.

Potential difficulty replacing the tenant.  

Cap rates offer a valuation based on a single year's NOI, while discount rates consider the property's entire income-generating potential over a specified period.

However, we keep coming back to the potential that the best first deal actually lies in a property that my mom owns in San Diego.

This way, outside of appreciation, when you pull it out in a few years you could potentially get even more out of it.There are so many ways to approach it, but if your goal is offset the monthly and interest rates, and it helps you purchase sooner rather than later, cool.

I feel like this potential deal structure is different from most which is why I'm seeking more advice/wisdom. 

The company HQ is in the SF Bay Area, this potential project is up near Lake Tahoe. 

its a big pain in the butt to coordinate showings with tenants and you dont want to burn out or piss your tenants off by inconveniencing them with potential buyers who maybe just kicking tires..

Most likely higher prices in 2025 and 2026 as a result, along with increased competition and missed opportunities for appreciation this year to those who wait.At this rate, the only event that has the potential to cause a downturn in the Raleigh real estate market is if suddenly everyone stops moving here and buying here OR the economy at large experiences a deep recession.