This will be helpful for hosts who have already set up their payments with Alachua County.Despite the oversupply, I still feel there are plenty of opportunities in Gainesville, both for STRs and LTRs.If you’re a current or aspiring real estate investor in Gainesville, feel free to share your thoughts, opinions, and stories.

Can I get a loan for the down payment / construction costs2.

They require all cash to buy so the people there have money.

Purchase price: $101,000 Cash invested: $25,268 Sale price: $202,000 This was my first ever solo project.

None of this directly relates to landlords reporting rent payments. 

I was looking to put 80k cash into then refi afterwards and possibly getting 130k. 130k on mortgage would be close to $800 only leaving $200 in cash flow each month. 

So should others dupped into believing they can do cash deals.

If a project is profitable, wouldn’t you rather have some cash flow rather than none?

If you have 1-4 unit residential that's already cash flowing I would go DSCR if you have a ratio of 1 or more.

The best strategy I seem to have deployed so far was to contact all my current tenants and let them know I’d give them a cash referral fee of $250 for anyone they recommend to me that goes through the vetting process and successfully moves in.