Do you ever see signage near the road that says "we buy houses" call that number and have a conversation!

Does anyone know if buying a condo in Miami is a good idea?

The formula that is sticking out as a potential to me is what I have been doing quietly the last 6 years: buying a cosmetic SFH fixer in B areas with 3% down, live in and renovate, long term rent and repeat.

I did not come back to revisit this post from so long ago.I did not buy this property. 

So if you make you buy box too tight, you will find very few deals that will fit your buy criteria. 

•Be cautious about buying “as-is” or waiving inspections just to get a lower price.

Now, I never buy a property without at least 4-6 months reserves on hand.

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investment Info:Single-family residence buy & hold investment.

Otherwise, get a HELOC to access the equity to buy a home in AZ.