There has been a lull since January 2023 to nowI think some NAR group researched that the Jacksonville Market had no growth / small negative growth in 2023.That is expected given the high growth in Jacksonville from the prior 10 years.I think the first 1/2 of 2024 will continue to be flat / negative.

@Tiffany Tan I would highly recommend hiring a CPA.

However, if you're looking for payment reliability, I'd recommend a slightly different strategy that aligns well with consistent income.Partnering with non-profit organizations that support vulnerable populations, like the Veterans Affairs or groups assisting people with developmental disabilities, could be highly beneficial.

There are also REITs that provide dividends as high as 10% if you need it.  

Not that you asked, but if you are going this route, I'd highly reccomend the BRRRR method.

You need more eyes on this property (including yourself) to get a better picture of why the quote is so high.

If you want something more turnkey and very low price points, then you are looking at markets like Memphis where there is high crime.

I made a deal with two highly motivated sellers, they're ready to go. 

Where I'm at in Navarre (In between Destin and Pensacola) the short term market is highly saturated. 

.- Smaller properties are usually easier to off-load (more liquid) because our society is seeing very high levels of migration (people travelling or moving for work constantly) / people less inclined to partner / have families / people more focused on work / and pied-a-terre concept.- Condos are much easier to maintain internally than larger homes.- Condos are easier to manage as Air B&B than larger homes.- In the case of multi-family properties, sharing a home with two or three other families where everyone knows everyone can create issues if they don't get along as the close proximity doesn't allow for any privacy.Happy to connect with you and speak in more detail if you are interested in Massachusetts!