There’s nothing wrong with where you want to devote your time,  but  investing in index funds is better aligned with your desired lifestyle. 

Great points, Jeff — and you’re right to highlight that the expense ratios are unusually efficient for a coastal STR.A couple of clarifications on the numbers:The current owner self-manages, which keeps cleaning and maintenance costs lower than a third-party STR manager would typically charge.Some of the repairs and CapEx were front-loaded in prior years (new flooring, appliances, and paint), so last year’s P&L reflects more of a stabilized-operations scenario.The utilities figure is accurate — it’s higher due to being master-metered for the property — but the other OPEX categories are slightly understated if you were to underwrite this as a fully managed, third-party operation.If I modeled it using a professional management assumption plus normalized reserves, the operating ratio trends closer to 48–50%, which aligns with what you mentioned for coastal STR multifamily.I appreciate you calling that out — it’s a great reminder of how much variance there can be between owner-operated and institutional-style expense reporting, especially in hybrid STR assets like this.Here's the owner's profit and loss statement for the exacts of the 2024 year.

Instead of “trading up” our lifestyle every time income increased, we saved up and bought more rentals.

If you are at a point in your life where you just want to be passive then you got to go syndicaton! 

Terms have adjusted slightly, but private loans are still closing fast and giving investors the flexibility they need when timing matters most.Curious , are you seeing more of your clients moving toward bridge or DSCR-style loans to keep projects moving?

I can look further from Boston but don't want to change our lifestyle too much.

I just finished a CCIM-style breakdown of a 10-unit multifamily near Myrtle Beach that recently traded.

I just finished a CCIM-style breakdown of a 10-unit multifamily near Myrtle Beach that recently traded.

My goal is to reach financial freedom young so that I can enjoy this life to the fullest, and give my loved ones everything they have missed out on.

If the Tenant Buyer walks away from the deal I get to keep his Option payment, since it is non-refundable and I sell to another Tenant Buyer and get another Option Payment usually about $20k to $25k.I encourage buyers to get qualified for financing, give them a mortgage broker contact and to plan their lifestyle to be able to get a loan to exercise the Option.