I personally lived in/throughout Brevard for many years and the real estate market there is quite good at the moment.Just out of curiosity, what is the interest in Daytona Beach, of all places, since you are inquiring specifically about that market?

Out of curiosity, anyone care to share their biggest pain points, gripes, or frustrations with building financial models?

TRating: ⭐⭐⭐⭐⭐ (5/5)Joining the Subot Community Group was a leap of faith for me, fueled by a mixture of curiosity and hesitation born from past experiences with other mentor groups.

Those numbers do not seem correct, unless you are using terms like loan amount of $104,000 is the unpaid principal balance (which is the amount that accrues interest), and the $270,000 is the total payoff.There are two components to a mortgage statement - the first is the reinstatement amount - this is the amount to bring the loan current.

Out of curiosity, how did you manage to purchase a property with $1,100 out of pocket?

You don't make payments on this, and there is no interest accrued. 

I'm not a financial advisor but I don't see how accruing more debt is going to help your situation.

The more people you talk to with curiosity the more you can learn.

Out of curiosity, are there any specific locations you're keeping an eye on for future deals?

I do not like this as obviously if a business account is only accumulating rent from 1 property, it wouldn't accrue the cash in each as quickly as it would if all of the rents were funneled into one account.. and it makes paying the bills a bit of a pain on each of the properties as I am having things done to the properties, lawn care, etc.. constantly has me making owner investment deposits into each to cover initial expenses associated with the properties.. etc.