FHA is a good option if you have had some credit hiccups in the past or can't quite get there on income to qualify for conventional.

I was also in IT field and working as a QA Tester for 17 years and quit the job for good 2 years ago, As my real estate investments are giving passive income..

As a hard money lender operating in the Central Florida area, including Tampa, I can tell you that the market here remains strong, with plenty of opportunities for savvy investors.Tampa's real estate market has been quite active, with demand still high, especially in desirable neighborhoods.

There are quite a few Canadians. 

How much income do you need to quit your job and “go full time”. 4.

But you also mention "Compare being able to write off the $370,000 today versus having to depreciate it over the life of the asset - 39 years - that’s quite a difference!"

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Unfortunately, here you have quite a lot going on and maybe misinformed on a few areas.

@Alex Capozzolo I've done quite a few new construction projects in Philadelphia, mostly in the 2-4 unit range, but some larger as well.

Good day everyone,I am very interested in buying land to build a cabin(or a few for vactional renting ) as the summer getaway, must be closer to nature and quite close/to a good small town.