Research markets, consider factors like job growth, population trends, and property prices.

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.

It is one of the best examples of City Council and local registered community organizations huddling together to create restrictions intended to thwart development but here they are doing it in a manner which will leave new housing stock in the dust relative to other neighborhoods thanks to terrible design restrictions.

- Need to consider cost of property manager- Home insurance I heard is higher in FL- More landlord friendly I heardAny and all thoughts, critiques, suggestions, or whatever factors I haven't considered would be much appreciated.

The design & architecture firm I work for is HQed in Sarasota.

There is a unique tax deduction in the US called a “conservation easement.”It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground, and thus un-developable.In return, the landowner could treat the act of granting a “conservation easement” as tax-deductible.

Welcome Scott,There's a ton of useful resources here on Bigger Pockets from calculators designed to show profit/loss to seasoned investors giving advice.

Rest assured; the process is designed to be straightforward. 

It's well-designed, easy to navigate, and contains a wealth of useful information.

Now working on my short term properties as I like to do hands on maintenance or designing and financial strategies as much as possible.