Currently speaking with a local realtor about the STR zoning issues, insurance issues, and current/future market in Florida. 2025 should be a good time to look for a property there. 1.

Quote from @Raymond Whitley: Not sure if Goosehead is in your area, but a broker like someone at this company can really help you in challenge times for insurance like this current market with so many carriers dropping out completely or raising rates on everyone. 

As a new investor, focusing on these can give you a solid foundation to grow your portfolio.I’m primarily focused on the Indianapolis market, where we specialize in new build duplexes that offer strong returns and stable rental income.

Buy a single-family home, and someone tries to sell you on property management or insurance.

But you'll have to change the insurance to the LLC, and the lender will be notified. 

Here it would be 25% down ($275k)A balance of $825k at 7% (or higher) $5,490/mo, figure $250/mo insurance, $500/mo property taxes $6,250/mo. 

Leveraging out-of-state turnkey rental properties could be another time-efficient path, offering stable cash flow and potential appreciation.

Just wondering how you feel about the unique challenges NOLA has relative to economy & climate change (insurance), population decline.  

You can add notes to any transaction also, so later if you want to search for a vendor (you gas company, insurance) you can search by the actual vendor or something you put in your notes. 

Have you ever had a year where your insurance or proper tax’s went down?