I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more.i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)

🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 7.01%30-year VA rate today is 6.46% 💰 Median Sales Price:February: $460,000March: $475,000📈 New Listings:February: 1,669March: 1,798📅 Median Days on Market Until Sale:February: 21March: 16⚾ Oakland A's Move to Sacramento for Interim Ballpark: The Oakland A's have announced their relocation to Sutter Health Park in Sacramento starting next season, sharing the Minor League stadium with the San Francisco Giants' Triple A team, the Rivercats.

What are the capital gains calculated based on (sale price on purchase agreement)?

Also I was trying to get my own comps on an older 3/2 ranch,but most the properties around it were newer or larger.Whats the best way to compare oranges to apples for lack of better words.

I am renting the house based on market rent, not how many people live there as tenants pay all of the utilities themselves.

They are probably telling 10 other landlords the same great feedback as me and then deciding to not follow up.Ill put less stock into the words they say until they submit an app and sign a lease....Yep, the joys of landlording. 

Compensation would be based on the successful closing of flip properties. what would be fair compensation in this case?

@Jessie DillonIt would play out based on your operating agreement.

In fact, after reaching out to her, she said it’s not true.Before responding to this guest, anybody have any words of wisdom?

I analyze based on the return that we are getting with our investors' money. - Annualized ROIFor Rentals that we hold in our portfolio, that were perhaps once BRRRRs, I analyze based on ROE - Return on EquityHope this helps