@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Hi Kin,Three quick questions come to mind that would impact your situation.

As you know, marketing and price are both very important, and vacancy will significantly impact your income, so you are almost always better off charging a lower price and getting it filled with a good tenant.  

Small demolition projects make massive impacts.

I focused on high-impact renovations that aligned with the expectations of Hamptons buyers.

Has anyone here retired debt-free, and how has that impacted your life versus maintaining debt for investingLooking forward to hearing your thoughts and experiences!

And remember, authentic content that reflects your unique perspective and experience will always be more impactful than recycled material.

I realized how much of an impact the right agent can have, especially one who:Truly understands the market.Has firsthand experience.Is willing to share their knowledge.Now, with his guidance, I’m working on a project that could be a game-changer—if we can bring in the right capital partners.

Not calculating your basis properly between building and land, which impacts depreciation. 2.

Property owners in these areas can only advertise for monthly rentals and are not permitted to offer daily or weekly rentalsandIn March (2024): Florida lawmakers passed legislation granting the state more authority over short-term vacation rentals, potentially impacting local regulations.