@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Just curious, what did you end up purchasing after and why?

In this case my plan is to use a HELOC on my primary residence to purchase the property in Puerto Rico.

We use our HELCOC to fund our investment properties (purchase and rehab).

Purchase price: $376,613 Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settle and grow.

Looking at purchasing small 3 BR 1 BA house.

Quote from @Anthony Maffei: I purchased a two-family property in 2017 and now have around $500K in positive equity.

I am from the Chicago area and looking to purchase my first property in the next 3-6 months. 

Outside of real estate, I enjoy Working out, training my German shepherd, and traveling with my family.

We’re particularly interested in purchasing a duplex, triplex, or fourplex, or a property with an ADU to start our investment journey.We look forward to learning from and contributing to this community!