@Yosef Lee thanks for posting, fantastic achievement.

The cap rates are only around 5-6%, which I’m already achieving with high-yield savings accounts—without the hassle of property management.I’m wondering if it’s worth pursuing the condo in Hallandale Beach or if I should consider investing out of state.

It'll probably take you about the same amount of time to achieve either goal.

Balancing both goals can be achieved through a hybrid approach, where a portion of funds is allocated towards paying down the primary residence while also saving or investing in another property.

Let's work together to achieve our real estate goals!

An attorney and escrow achieve the same result for far less.A lender will only lend on what an appraiser appraises.

Maybe you and your wife should sit down and brainstorm your goals and desired outcomes and then set about making an actionable plan to move towards achieving this.

Counter-cyclic investing is an aspiration that few achieve - kudos to you.  

As an investor that is WAY too early and extremely complicated to achieve the transition to a Title.If you guys need a call with me to clarify anything let´s share a virtual coffee (or beer, depending on time) and talk some Real Estate.

I'm on a mission to achieve greatness with every step I take on this earth.