I'm looking forward into developing my roots in the community! 

But in terms of being able to grow a portfolio with a ton of equity and solid cash flow, being a builder in this area really works.I think the STR part of it also helps as well.

Here are some of my initial thoughts that has pretty well held solid and possibly even become more solidified. 

I closed on less units in 2024 than I did in 2023 but I put in a solid offer on a new deal this evening.

Think beachfront condos that not only cover their costs but actually give you solid cash flow.

If you pick a solid property in a good area with good schools, it'll appreciate - it'll be negative cash flow as a long term rental (unless you have some creative strategy or do STR/MTR) and you're less likely to have repair, tenant issues, crime etc.

Water is the root of all evil. 

I would also only do this if both properties have solid appreciation potential.If it was me, I’d consider trying to get a HELOC on the first property and use the funds for a flip or a BRRRR so I could pay back the line of credit within 6 months and then go do it again.

Partner Driven and Traci Stephens turned a solid profit without the need for major renovations.

I also review the insurance costs and try to get a solid estimate of coverage expenses to fine-tune my calculations.