I thought at this point in time it might make more sense to start investing in RE projects that can offer above average returns ( 10+% p.a.) with relatively low LTV's and first lien positions. 

That’s all I could gather before my offer is accepted. 

Locate a mentor who can help you learn from their experiences and offer you individualized guidance.Even in an entry-level role, get experience by working for a property management firm or real estate investor.

If they decline to share, that is a red flag which would warrant walking away or at a minimum substantially reducing the price instead and basing the offer on your own numbers validated by third parties.

I have $500K liquid and another $400k in stocks I could pull out if I find a deal I can't pass up.

I would be really interested to hear how it went, how much time you had to correct or what actions they offered, and how it resolved?

You haven't named a single location that is more expensive than NYC.they all offer slightly different climates, activities.

Also, a 3-month try before you lease may be the issue, tenants are using it as an MTR, it gives them far too much wiggle room, and that short-term turnover can start hitting you in the pockets pretty hard...With that said some incentives you can offer are the first and last months rent-free for a 12-month lease.

Browards townhomes and condos market – a blend of dreams and ambitions – spread its wings in February 2024.While numbers may appear as figures, on paper they narrate a tale of resilience, growth and the unwavering spirit that defines Broward.Despite a decrease of 2.0%, in completed sales compared to the year Browards real estate market continues to offer promising opportunities.Cash, the element in transactions was readily available with 58.2% of purchases made in cash highlighting the confidence and security that defines Browards real estate landscape.The median selling price, a sign of prosperity stood firm at $290,000 marking a 6.6% increase from the year.

Vacant land is not easy to sell unless you are offering seller financing with little to no down payment.