What I'm going to say is I see people who have experienced success in this arena, analyze many practice deals before they put their money down on the table for a real deal.

There are groups on meet up that are working on changing the regulations around this, city codes.  

Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.

Hey @Isaiah Cortez, speak to an REI-savvy attorney who operates in FL (doesn't have to be located in FL but should know state-specific rules/regulations/laws).We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Whatever you decide, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations. 

Hi,When considering investing out of state, is it best practice to find a local lender in the market I want to invest in?

@Phil AveryWe try to practice what we preach.  

It takes a long time to develop land from scratch it is hard to do with all of the government regulations and codes.

Stay Informed: Keep yourself updated on the latest developments in the fintech industry, including regulatory changes and security best practices.

I won't be ready to buy an investment property for another year or so, so in the meantime, I'm practicing my researching skills as much as possible.Thanks,Chris

Also, it’s best practice to consider areas with population growth and job creation- they typically offer stable returns.