And a good property manager will take care of day to day, but you will still have work to do.

There is a difference between a repair cost and a total replacement cost. 

Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

Original, decorated with period antiques and rugs, an old grandfather clock, a river otter taxidermy, and a 80-year-old map of the Great Smoky Mountains above the fireplace. 

Here are some reasons to get the ball rolling:Thriving Market: Florida's population continues to boom, fueled by warm weather, a strong job market, and a business-friendly climate.

Work with a 1031 intermediary to ensure compliance and a smooth process.Key questions to ask yourselfWhat’s your long-term goal?

Include before-and-after photos, receipts, and a list of all the work done.Curb Appeal: First impressions matter.

Self storage is great from both an appreciation and a cash flow standpoint.  

I reached out to the individual marketing the deal to schedule a property viewing, but they’re asking for proof of funds (which I expected) and a signed purchase agreement or LOI.Is this normal?