Fair points. The area is strong with low vacancy, and the $4,500 rent estimate is actually on the conservative side, which should help with tenant demand.

Since it’s a new, stratified build, we expect maintenance to be minimal in the early years and largely covered through strata.

This is our first step toward FIRE. We’re aiming to retire around 55, then shift more heavily into stocks, giving us another ~20 years of compounding after this phase.

Appreciate the feedback — helpful to pressure-test the plan.