With the down payment you're putting down (assuming it's at best 25%) with current interest rates, you're maybe going to be scraping a couple of backs cash flow on a Class C+ property. 

- Property Managers that you would highly recommend? 

If they over-promise and under-deliver, transfer the next property to a different PM.

Hi @Stefano Vrolijk, my team and I help foreign citizens purchase investment properties all the time.

My new plan is to start with a small multifamily property or a couple of single-family homes, buying distressed properties using my HELOC to cover both the purchase and rehab costs.

Are these areas good for rental property investments, or am I barking up the wrong tree? 

I can do the parade of horribles for a personally owned rental property but suffice it to say that it is a long and robust parade and the horribles are horrible.

This property has been a great experience and we have learned a lot from it over the last several years.

The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.

You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.