That way, when you know your budget, you can immediately start targeting properties that make sense financially.

If control, custom debt, or a tailored exit path matter to you, a well-drafted TIC can be the better fit.If you want targeted feedback, share a few specifics—your relinquished sale price and debt, how many co-owners you’re planning on, what your lender is asking for, and any clauses in the draft TIC agreement that feel heavy-handed.

Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to, “Maintain to the Neighborhood”.Why is that important?

Terms may be tighter (higher rate, shorter amortization), but it’s not impossible.Are you targeting stabilized properties, or is this more of a value-add play?

For that deal, I'm targeting a realistic, stabilized cap rate of at least 8%.I think a good operator needs to be able to toggle between both strategies depending on the deal.

I’d recommend finding an investor-friendly agent in your target market, a good lender who understands investment loans, and a contractor you can trust for repair estimates.

When targeting a specific demographic, I researched the types of guests most often booking in my area—traveling professionals, medical staff, and relocating families.

List on those platforms with pro pics hyping the lifestyle, target golfers/commuters (try LinkedIn or golf forums), and screen hard (credit/employment) for reliable pros.

All the investors I've worked with target 20% or more.Just seems like a lot of risk for such a small profit.

Are you mostly targeting distressed sellers, or is there a niche profile that tends to be a good fit?