A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

I'm local to the area you checked into on the post.

@Dan Geffen moved down there and knows the area well if you want to connect with a local investor.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

You need a local/state specific lease.2.

I recommend checking local crime statistics on SpotCrime.

I'm a local Duluth investor, happy to share my experience and can give some recommendations to help build your team.

There are also some locally I think through the AAR, I would reach out to them but if not I am happy to help!

Would definitely check local zoning / code enforcement laws as well.  

I’d love to connect with local investors and agents and, further down the line, with contractors when we’re ready to take the next steps.Looking forward to connecting and learning from everyone here!