And it's awesome that you have such diverse interests outside of real estate—singing professionally and playing basketball must keep you quite busy and balanced!

We done deals in FL, the 1% rule is definitely achievable assuming you're planning to do short/mid/long term rentals.

Balancing cash flow, risk, and long-term goals is crucial.Good luck!

The market is tight now, but if you purchase right you should be able to achieve a levered IRR of 15%.

I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.

It’s worth the investment—placing the wrong tenant can cost you much more in the long run if you have to deal with evictions or non-payment.It’s about finding the right balance for your needs, but in my experience, having some professional oversight can save you a lot of headaches down the road.

Balancing cash flow with potential appreciation, running rental comps and vacancy rates, and bridging the gap between Class B and C properties is crucial.

We purchased the property for $40,000 and sold it on the same day for $45,000, achieving a fast and profitable transaction.

Stessa is great if you are an individual and you are just trying to track the income and expenses on your rentals.Unfortunately, for Stessa, they do not have the ability to generate a balance sheet which makes it a no-go for any business.

With a reliable power team by your side, you'll be well-equipped to handle the complexities of real estate transactions and achieve your goals.