Living in sub optimal conditions to be close to work is no longer necessary.  2.

Cape Coral tends to be much better optimized as an STR market over LTR, but if it was specifically LTR's that you're looking for, Lehigh Acres is another local market that offers cash flowing B class multifamily properties 

Unless you plan on partnering with a manager you will be building a hospitality business which includes: communicating with guests, handling resolutions, scheduling turnovers, price optimization, guest experience, and a slew of other things that come with the job.

A private lender is optimal (so you don't have to use all of your cash and can scale easier if desired) because you may not have to jump through as many hoops.

There are markets that do both and will do both if you can truly optimize the properties revenue and profit potential.

Assume you are not the only one adding to the market saturation and run your numbers for a non-optimal year.

My perspective on investing remotely is that I will probably not do it optimally the first time, but I will gradually learn what I need to know from the practice to get better.

It's easier to memorize the Starbucks menu or the NFL rosters.Section 179 basics- can deduct 100% of the cost in the 1st year- applies to 3-yr, 5-yr, 7-yr and 10-yr assets and "qualified improvement property" (a separate post would be needed to explain)- cannot create a net loss- minimum 50% business use required- other limits and restrictions applyBonus depreciation basics, as of today (mid-2023)- 100% of the cost in 2022, 80% in 2023, 60% in 2024, and so on until 0% in 2027- applies to assets with up to 20-yr life- can create a net lossBoth methods have their pros and cons, and choosing between them, as well as generally optimizing depreciation, is a job for an experienced accountant.Cost segregationWhat cost segregation accomplishes is extracting faster-depreciation property (as in 5-yr, 7-yr and 15-yr) out of slow-depreciation real property.

I'm a Software Engineer at a Big Tech and the numbers/optimization aspect of REI is what got me really interested in it.

Locally go to the networking tab above and select the events item from the drop down menu.