If you just need recommendations for where to go, things to do, places to eat I'm more than happy to share tips. ...While you're here Please visit downtown and of course, the beaches...Downtown is small and flourishing area with many places to go and eat that are highly walkable. 

From a credit perspective, house hacking also helps you build strong cash flow, which can make it easier to secure financing for future deals.Additionally, if you're targeting high-appreciation markets, you could also look into cash-out refinancing down the line to pull equity and fund additional investments.

My first property was tough, (credit not in place was a challenge - luckily, got some help on this!) 

They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit. 

@Helen OkoyeWelcome to the community and be ready for a huge amount of information at your finger tips.

I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.

Any tips or advice is greatly appreciated!!

I need real tips for LOT buying considerations.

They wanted $1.2M to payoff  maturing HML on a $2.5M property. their credit was 580 and we told them we would not give you a loan but we would buy the property from you for $1.2M, provide you with a 12 month lease with an option to buy. in 12 months you either buy it or its ours. 

Alternatively you can do the LOC (line of credit) on it so you can retain the home but are definitely subject to today's current rate environment.