Where I see some disconnect is so many on BP that are so focused on buying RE doors that they basically live well below there means and have all this focus on rentals etc and they miss out on a lot of things there is to do in life..

Basically you are selling yourself, not the arbitrage.

And then special assessments on condos.

With the exception of 1 bedroom units, you basically have 2 options:-Oversized/commercial machines (potentially multiple sets)-Off site cleaning with clean spares on siteThe latter is almost always the most efficient and basically what hotels do at scale.

Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing. 

It will familiarize you with the basic terminology and benefits.

Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.

Plus, you'll be higher in the capital stack in debt.DST's are basically managed funds, in my opinion. 

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

Keep learning and assessing your financial position as you grow.Good luck!