Medium term rentals would be the safer option in my opinion due to the uncertainty that comes with STR's, your cashflow would be lower but overtime it would turn into a solid source of passive income.

And this is with a contractor who charges no markup for materials and tries to source me the cheapest sub contractors.

I would be open to partnering up with someone on the ground who can source properties and project manage.

June 2024 Lee County Florida Foreclosure ReportThe June 2024 Lee County Foreclosure Report was complied by Jeff Tumbarello, Director SWFL REIA , Broker/Owner Steelbridge Realty LLC Principal , Venture Investment PartnersThis is my work, done for me and shared with youThe data in the report came from multiple sources.Those sources are:The Lee County Clerk of Court, and MLS data (from my membership as the Broker of Steelbridge Realty LLC)We haven’t published this report in a while as the market trajectory previously rendered this dataset less crucial for forward-looking decisions.

@Akku KumarTo find good deals on multifamily homes in Atlanta, research the market, network with experienced investors, work with a real estate agent, analyze potential deals using metrics, explore sources like MLS listings, off-market deals, foreclosures, and auctions, consider house hacking, use online tools like Zillow, Redfin, and Realtor.com, and seek professional help.Good luck!

Are the fireplaces the only heat source or anything out of the ordinary with them?

@Jason GriffinRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Did you source your potential properties through MLS and open houses as you suggested, or did you use any off-market resources?

Once the roots find that water source, they go all out! 

Then, I plan to purchase an SMF property that cash flows and repeat that process a few times over until I am able to generate enough income to reinvest to replace my main source of income today.Any specific neighborhoods in the WPB you think will have the best appreciation in the next 10-15 years?