If you, as an investor don't fully understand what it takes to manage a specific type of home in that market, you'll make unwise purchasing decisions.

I think it really depends on where the home is at, the condition, etc that may help you make the right decision.

What factors did you consider for your decision?

It's worth meeting with a CPA before making any decisions. 

I don't have a project lined up currently, as I think the project targets vary greatly on the result of this decision since there is so much equity in the condo.

Make yourself useful to them and start getting reps.I wish I had made the choice and decision early on to commit to only 1 form of lead gen and actually doing it. 

Since I’ve only owned the home for a few months, I want to make sure I’m running the right numbers before making any decisions.

I’m a home inspector and Field Services Director at Pro-Spect Jax in Florida, where I help homebuyers make informed decisions about their investments.

ROI can vary, but some parking lots have great returns with minimal upkeep—just be sure to research zoning laws, demand, and operational costs before diving in.Good luck with your decision, and feel free to reach out if you want to chat more about any of these options! 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.