Hi @Ryan Foster, It’s completely normal to pass on a lot of deals.

Hello, I was just wondering if anyone had any advice on something meaningful I could do over the summer to get more into real estate.

The NFI-ODCE redemption queue has narrowed from 19% of NAV to 12%, the gap between appraised values and transaction prices has closed meaningfully, and private market values are projected to rise approximately 5% in 2026.The opportunity set is widening as well.

On a solid purchase price, that can be meaningful accelerated depreciation in year one.3.

That's meaningful, but only if you have income to offset it against — either through REP status or passive income.

After projected rent from the second unit and accounting for taxes, insurance, maintenance, and utilities (+ 20% downpayment), our estimated net housing cost would be around -$2,500 to -$2,800 per month.While this is affordable for us, it represents a meaningful increase in housing expense and would likely reduce our ability to invest aggressively in equities, which has been a core part of our wealth-building strategy.

I originally wanted to house hack a small multifamily near the beach, but I’m running into issues with the numbers and would appreciate feedback from people actively investing in Florida.Here’s what I’m seeing:Most duplexes/triplexes in Volusia are priced in the $280k–$400k range.Rents for 2BR units seem to be in the $1,200–$1,500 range.That puts me well below the 1% rule and often under a 6% cap rate once I factor in insurance, taxes, vacancy, and management.With 6%+ interest rates and Florida insurance costs, I’m struggling to find deals that:Hit ~7%+ capCash flow meaningfully after 20% downAllow for professional property managementAm I being unrealistic trying to hit those numbers in Volusia? 

I am with Long and Foster in Doylestown, PA.

Are there meaningful downsides to this approach?

The takeaway heading into next week: weaker growth signals alone are no longer enough to drive rates meaningfully lower while oil, geopolitics, and inflation expectations remain the dominant narrative.Have a great Friday.Addison, Allen, Anna, Azle, Batch Springs, Bedford, Benbrook, Burleson, Cedar Hill, Celina, Cleburne, Colleyville, Coppell, Corinth, Crowley, DeSoto, Duncanville, Ennis, Euless, Farmers Branch, Fate, Flower Mound, Forest Hill, Forney, Glenn Heights, Grapevine, Greenville, Haltom City, Highland Village, Hurst, Keller, Lancaster, Little Elm, Mansfield, Midlothian, Mineral Wells, Murphy, North Richland Hills, Prosper, Red Oak, Rockwall, Rowlett, Royse City, Sachse, Saginaw, Seagoville, Southlake, Terrell, The Colony, Trophy Club, University Park, Watauga, Waxahachie, Weatherford, White Settlement, Wylie, Dallas, Fort Worth, Plano, Irving, Garland, Grand Prairie, McKinney, Frisco, Mesquite, Carrollton, Denton, Richardson, Lewisville, or Arlington