I'm a newbie to real estate investing and am currently focused on intensely educating myself about all things real estate and how to get my first rental property deal.

The national western stock show is going on now through 1/26 so you still have time 😅Whether you go for the food, shopping, rodeo viewing, pony rides, dog shows, or the intense bull riding…there really is something for everyone.

Also, long term, I expect Sac will enact tougher restrictions on STR, given the intense housing crunch we're experience, so I personally don't expect that to a be a good long term strategy.

.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

House hacking is generally not as capital intensive so you can continue to make money in stocks/index funds. 

The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

I regularly get sent underwriting on value adds in excess of 20%.I do not do work intensive value adds to flip so my acquisitions have slowed significantlygood luck

However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.

It will depend on the the circumstances, the loan type, and the entity type.

Purchasing real estate is capital intensive.