By leveraging insights from organizations like NPLA and AAPL, industry participants can navigate this transformation strategically, ensuring continued growth and resilience in an ever-changing financial environment.

So, it is more a reflection rather than a hard number or percentage anyone can give to you.Happy to discuss any of this more in depth if you ever wanted; otherwise good luck on your new endeavors.

Hello BiggerPockets Community,I hope this message finds everyone thriving in their real estate endeavors!

Best of luck in all your endeavors.

On the other hand, if the population is static or declining, it may be better to sell the property.What to RenovateRenovation is the process of transforming a property to increase rent, decrease the time it takes to rent, and reduce maintenance costs.

Your journey is unique, and it's okay to move at a pace that feels right for you and your family.Wishing you all the success in your real estate endeavors!

To embark on this journey, educate yourself by immersing yourself in real estate podcasts and literature, setting clear goals, building a financial foundation, considering financing options, and exploring house hacking as a starting point.Create a realistic timeline by understanding that real estate investing is a long-term endeavor, and be patient with your family's needs and goals.

I am reaching out to you seeking your valued expertise and insights on a unique property challenge that I am currently facing in Salton Sea, Riverside County.The entire 20-acre property has undergone a significant transformation and is now entirely submerged in water, with the distance from the submerged area to the shore spanning approximately 20,000 feet.In light of the unprecedented challenge presented by the property's current state, recent assessments have indicated a compelling value proposition.

Hi Elliot,First, good luck with your new STR endeavor in Florida!

I wish the best for you with your endeavors in Florida!