Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

But they come at the price of higher volatility and lower diversification benefits, as they have a much higher correlation to the overall stock market than direct real estate investments.Read this article for more information https://www.investopedia.com/m...All the best!

The ones I know self managing deal with it daily so they can adjust their prices to lower their vacancy rates.Good news is it sounds like you have the infrastructure and location in place for STRs, so the risk is low to go that route.

Because they simply do not have experience in how to properly sell multifamily properties.On the buy side, this is great news for our buyers, because we have developed a method of identifying these properties.

@Yonah Weiss that would be great news!

There are lots of articles you can research on this topic that go further into this strategy than I will here.Having to wait a few years to buy another property seems really bad at first but it will be fine.  

I just read an article on the Wall Street Journal https://www.wsj.com/articles/i...   

Here's an article I wrote: Series Limited Liability Company (LLC)Angela Walter, Texas Attorney - If free to message me if you have any legal questions!

People read different news sources, and factor different things into their projections and come to drastically different conclusions.

Good news is my brother has come into a good amount of money the past few years investing in stocks/cryto/ etc.