I was going to wait to build my portfolio bigger before starting an numbered company, but I'd like to hear what the BP community has to offer in words of advice.Here are the current numbers I'm working with.

I feel like I’ve walked the street without ever having been in the state.

If the condo association allows for short-term rentals, it most likely is not going to be HUD approved, which will mean each unit has to be purchased in cash or using a Non-QM loan.

Would like to network with you more.

I have 2 other monthly loan payments I would like to pay off or lump in with my refinance as I believe with the forced appreciation and normal appreciation I will be able to pay off most my HELOC (5.99%) and all of my Credit Card that is currently at a 0% APR until end of May.

Sounds like a great deal.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

While I am down here in South Florida, where real estate is a sport and finding a parking spot feels like an investment strategy, house hacking can work anywhere if you play it right.Since you are new to the area, I would start by getting a feel for rental demand.

@Roger KimBe careful about gifting twice as well - if you own 50% of the home and give him the full 100% of the proceeds, perhaps it could be considered as a gift from you to him of your 50% of the equity (likely recorded by formal deed prior to the sale). 

They are usually fixer uppers howbeit not in terrible terrible shape.Are you focused on townhomes like this one in Edgewood: https://www.realtor.com/realestateandhomes-detail/1312-Acorn...?