You’re absolutely right—real estate is one of the most reliable paths to long-term wealth, and your focus on short-term rentals for tax advantages is smart, especially as a high-income professional.Royal Oak is a strong market with demand for short-term stays, so if you run the numbers carefully and stay compliant with local regs, it can be a great first move.

I actually work with a lot out-of-state investors actively doing BRRRRs, and yes — they can still absolutely work, if you have the right local team in place. 

I want to soak up as much knowledge as I can.If you’re in Savannah and would like to mastermind, I’d absolutely love that.

Im exploring multifamilies near my area (Orlando) but wanted to consider out of state investing in Georgia instead of states where I am absolutely not familiar with (midwest etc).

No one is giving up their rates unless they absolutely have to - that's the people that can afford a house.

As per my knowledge in New Jersey, you absolutely must put the tenant's security deposit into a dedicated, interest-bearing account.

Yes, I'd absolutely do it the same way. 3.

Absolutely not.

Absolutely!

$10k is absolutely insane.