@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

See, when building a portfolio, appreciation is key, and the #1 factor that will dictate things.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  I enjoy hearing about peoples’ personal wins and innovative, creative strategies.  I hope to be able to contribute to other p...

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

@Stephen Fleming your cashflow probably won't be what you think it will be:(Have you factored in the new property taxes at homestead millage rates?

So, an 8 unit building with all 1 bed/1 bath could be 1/2 LT tenants and 1/2 MTR for travel nurses.

Several factors at play: the sales market has been slow so many would-be sellers are converting houses they can’t sell to rentals, lots of new construction units have been completed recently, and in-migration has slowed down a bit.

I have land with a house and plan to build a a house for me to live in soon there.

It never occurred to me that I’d have to make the drive to this building for 2 months.

(I know everyone doesn't have that opportunity.)Another factor is the type of deals you're looking for.