Newbie just starting out - Key West

[Daniel Winsor]

Hello all! Been a member for a while, but finally getting serious and posting.

Daniel Winsor

Background: Bought my first home two years ago. Just leased it starting this month following a work move. Assisted in a couple major renovations growing up, but no other experience in RE.

History: Originally from Alaska, but been bouncing around a lot for work. Most recently lived in the Central Valley of CA and so happy to have just relocated to Key West, FL. Up until now, was flying F-18s with the Navy. Moved to Key West and will be flying the F-5.

Goals: Would like to build a modest portfolio of rental properties to eventually achieve FI based on cash flow. Committed to the Navy for at least 3 more years, and interested in RE becoming my follow on plan. Key West seems to be somewhat underrepresented, so hoping to find a local or two to bounce ideas off of.

Joined to get information and motivation to pull the trigger in the future. I have the time, and the income, just need the guidance/motivation to make it happen!

Thanks in advance and happy to be a part of the community.

First question: Potentially have a deal lined up before it hits the market and would like to figure out if the valuation is correct. Where would a post like that go?!

[Daniel Winsor]

@Jamie Rose - Thanks Jamie. I'd considered it quite a few times! Alaska will always hold a special spot in my heart. Thanks for the welcome.

@Sarah Torres I guess that just means it's an untapped market? That's how I'll choose to look at it! I'm limiting my searches to duplexes for the time being, but once I get my own living situation figured out, I will hopefully start looking into private money investing. There are definitely some distressed properties that could use some love when I get more experience under my belt. Thanks for the kind words!