Welcome to the investing journey and to the Jacksonville market.

If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

Quote from @Collin Hays: I got a chance to read this over lunch today, and it really hit home some excellent points about investing in real estate. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

I am looking into my STR options but from what I have learned this is a overflowing market in the area and the vacancy's are increasing so I may look into mid term and long term only.

Purchase price: $675,000 Cash invested: $250,000 Country estate with 2 houses.

If the potential investor is still not convinced, he states that since 2012,every loan note has been repaid, a better track record over 12 years than any lender in American business history.Source: ( Link, 36:10 )Norada Real Estate Investments, according to the Passive Real Estate Investing website:“Marco Santarelli is an investor, author, and founder of Norada Real Estate Investments ( Link ) — a national real estate investment firm offering turnkey investment property in growth markets nationwide,” ( Link ).In contrast to Norada Capital Management, Norada Real Estate Investment does not raise money from investors.

I am familiar with the area and live and work in the Atlanta Market.

It's not difficult to find tenants if the property is marketed correctly.

Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.