A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

As I tell a lot of my investor clients I work with, with any real estate that you buy, you want to hold for the rest of your life!

I'll be bouncing back and forth between the two cities over the next four months before I move in order to get life set up and trying to learn the city... and hopefully find my next project. 

HELOC can be good for this situation - then you can pay it down and use it again for other life events etc. 

As with most things in life, you get what you pay for. 

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I think a lot of the buyers see the value and appreciate the slower/quieter pace of life in our area, especially young families.

Life’s too short.2. you’re making a 5 percent return on total equity now, and surely much more on a return on investment basis.

So, overall, I think these four areas are very distinct in the style of life they offer.

We all need a purpose in life.