One question I like to ask when I interview PMs is asking for their current occupancy rate, which I think is a key metric.

Learn from your mistakes and improve:)Why don't you share what you currently do, so we can offer improvement suggestions?

My upfront capital I currently have to invest is $20,000, but from what I am gathering, this will not nearly be enough and lll need to save a lot more, and the main reason why I have given myself a timeline of the next 1-2 years to make the leap into investing.

I invest in STR and I am currently switching over to Mid-Term Rentals.

Hello BP,I live in a region with a handful of Short term rentals and I’m currently analyzing a property with STR potential.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

One commercial space leased to credit tenant, the second historically operated as a restaurant but is currently vacant.

Thanks Stuart.I don't think a "thesis" is necessary for real estate investing.Your mixing "thesis" with speculation and prediction IMO$1m in cash is retirement for someone that knows what they are doing in "low barrier" markets like you mention.Same can't be said for higher entry markets.Those that don't know real estate will loose no matter where or how they invest.Personally, I don't care about appreciation as I don't get out of bed unless I can net cashflow 20% net on a deal.For example, just bought a 6 unit in a B class area for $160,000.Currently occupied and renting for $3,000pm.Once minor rehab of $50,000 is completed, rents will be $4,500.I have an offer to sell as is for $250,000.ARV is $350,000.When interest rates go down, value will increase even further due to commercial lending being easier.No need for appreciation on such deals.I'll take them all day long over any appreciation potential.Again, just my opinion and each to their own.

I'm currently investing in Jersey City area and understand the zoning laws recently changed.

We currently have 1 paid off home in woodland park that we have been renting for the last 4 years and wanting to grow .