Research markets, consider factors like job growth, population trends, and property prices.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.

There are a lot of factors to consider here, but if you can keep your current residence as a rental, I would do that, possibly even a STR or MTR. 

I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key factors that determine whether a cost segregation study makes sense?

- Need to consider cost of property manager- Home insurance I heard is higher in FL- More landlord friendly I heardAny and all thoughts, critiques, suggestions, or whatever factors I haven't considered would be much appreciated.

I would conduct an inspection, determine the cause, and make the repair.You shouldn't keep tenants who habitually pay late, but there are various factors to think about and I can't go into all of them.

The reality is that the tax impact and ability to take ANY losses (as Michael mentioned) is based on a number of factors that include whether or not it is a "separate dwelling unit".

We are in agreement that my moving into the apartment is a huge contribution but don't know how to factor it into the deal.

They can help you navigate local tax obligations based on your income sources and property ownership.While taxes are definitely a factor, don’t let them be the only one.

Another factor to consider is that if you want things to get done, put it on your end; if you don't care one way or another, put it on the tenant as long as they don't mind doing it.