Getting lied to, IMO is the worst... oh, you don't have enough money for rent to be paid on time, but I see a new car?  

Seriously, put them in every pocket, every jacket, in your purse, your wallet, and carry a huge box in the car.

My goal is to get 8-10% net cap rate for a long term (20-30 years), I'm still considering few strategies, To invest in a big and stable city like Jacksonville to buy a old house (1960-1980) in not so good neighborhood and give it to a property management company to take car of the properties or to go to a medium city like Gainesville but will still need a local property management or it will be better for me to invest in a new construction in a small city like Ocala (I know there is a lot of development in the area) and I can also manage it myself.

I believe it's in the standard CAR lease.

It has a two car garage and fenced yard. 

Stop contributing more than what your company will match in the 401K, get rid of those car payments, student loans, toys bought on time etc... 

On the other hand, I don't have the spare capital to replace my new car, so I have insurance to cover if I'm in an accident.

The lot defiantly listed for way less square footage than it truly has, due to a garage bedroom conversion, a lot in the 2 car garage, and some other additions.

I have came to the realization at this point in life, it will be similar to a car payment for about the next ten years (and I started paying them off a year ago) if I am not able to make significant amounts of money in real estate.

I own a 2 Family home that has a 3 car (detached) garage.