Help us with our first move

[Joel Quiroz]

My Family and I are ready to pack up and move down to Florida anywhere from the Tampa to Orlando area. Were preapproved through our bank for up $410,000 no money down but a around a 5% interest rate.. we can go down there and rent or we can go down there and buy, however our end goal is too build a MF and possibly STR rental portfolio. Considering prices and interest, what would you do?

We have about 70k saved

680 credit score

And live well within our means. Have not bought a bunch of toys with payments, our only real payment is our rent $2500/month. Thanks for any feedback I understand we all have different goals!