Welcome to the group.Whatever your investment path may be, two key pillars, tax planning and asset protection, are often overlooked, yet absolutely essential for building a sustainable and successful portfolio.It’s easy to focus on the thrill of closing deals, but without a solid foundation in these areas, your long-term success may be at risk.

That said, some folks do well if they’re buying for pure cash flow and holding long term.Just curious, are you leaning more towards long-term buy-and-hold with steady income, or do you want flexibility to sell and recycle capital down the road?

When I was looking for my last rental a few years ago, it was between a higher end condo or single family home. 

Definitely something I have been and will continue to keep a close eye on because there definitely is a demand there for tourists.

A partner will take more trust-building but can lead to repeat deals and better splits long term.”I’m sorry, but this does not represent financial reality.

To get in that program you need 30 exits in last three years. 

But low prices reflect weak long term demand due to the decrease in population.

If you want long-term appreciation and the lifestyle benefit of living in one unit, the California fourplex could fit, as long as you are comfortable with tighter cash flow.Questions back to you:What is your current priority: income or appreciation?

The mid term rental company is great but real wealth comes from long term ownership.

Finding a motivated seller or looking into VA assumable loans are both strategies that are working right now for long term rentals.