Do you want to get into what can be a years long battle with multiple parties, including our darling city council, until you get to move into your home the way you want it?

Quote from @Paul Azad:It is not whining for BP members to complain about a complete loss of capital and a former BP Darling Marco the turn-key real estate expert from going RadioShack-silent for a month.I know this is a serious conversation, but this made me laugh and I feel like it's an underrated comment.

Quote from @Jay Hinrichs: And or the social media darlings who can attract all these investors who are lulled into thinking these folks have to much to lose to let MY project go under.

Oh, and the rogue syndicator who took advantage of us all was a darling of theirs (LU's) only a year before he "broke bad", and had subscribers from some of the long-time, experienced passive investors in the group, including a mentor or two and the executive vice president, herself! 

The "next hot place" is by definition a blip on the radar, an outlier that won't last, and multifamily investment is usually (for most, anyway) a long-term game.That said, I do think even the previously hot markets that are now getting "slammed" (looking at some of the former Sunbelt darlings like Austin, Nashville, and Phoenix) are still great places to invest provided you find a decent property at a decent price.

I was thinking about this the other day - I am not invested in any of his deals, but was reviewing some of his SEC financials and there are funds investing in his other funds etc and co-investing so its tough to tell from my research - curious to here what others are saying ya he took a  lot of heat on SM  and we look at the companies that were/are darlings on SM that are doing these cap calls and pref equity dilutions..

Option 1: invest money Option 2: STR with Cost Seg Investment income on $1.2 M W2 income 25% tax on Income Money in the bank Value of my time Net Income on $1.2M STR $1M Bonus Depreciation W2 income 25% tax on income Money in the bank Value of my time ($100*200 hrs) REAL NET PROFIT Year 1 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 2 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 3 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 4 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$100,000 $250,000 $50,000 $250,000 ($20,000) $230,000 Year 5 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 6 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 7 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 8 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 9 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 10 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 TOTAL $2,550,000 $2,420,000  In the immortal words of Tom Hardy in Inception, "you mustn't be afraid to dream a little bigger, darling".You have a good understanding of things, but you're missing the ways it can be leveraged.Bonus depreciation works best when you have one high earning spouse and one non-working spouse. 

Naturally, some of the COVID era high rental growth darlings such as Phoenix and Tampa have gotten caught in the mix.Conversely, markets with low supply, including some in the Midwest, saw rent increases of over 3%.

As commercial lending continues to wave the white flag, the DSCR loan has become the new darling of lending for real estate investors.As an investor who was able to maintain a portfolio through the Great Recession of 2006-2008, I can tell you with experience that the adjustable-rate mortgage was a giant contributor to the issues that followed.

Medium term rentals are the new darling of short term rentals.