I may have stumbled upon a great deal but as I am not a professional or seasoned expert like most of you, I thought I would drop the numbers and plans here and see if I’m outside of my depth hereNear Clanton, Alabama I found a 4 acre lot for $100k.

you cash-out refinance after title seasoning and get 70% of ARV (200k) back so in your example you would get 140K back and have 60k in equity left in the property. 

I had another more seasoned investor come look at the property with me.

.- However, the thing that makes Hawaii very doable is that the cost of flying is cheap, from CA one way the cost is $90-$200 depending on the season. - Every Hawaiian Island is very different from one to another, and between towns is also a bit different.

I was wondering if there are any seasoned multifamily investors in Florida who have an in-depth understanding of the market.If you're someone with significant experience in Florida multifamily investing, I would be extremely grateful if you could spare some time to answer a few questions.

Some programs allow that money to be a gift from a parent, others require that money to have "seasoning" in a bank account of 6 months or longer.That would make the monthly payment $1,936 then you add PMI $100 +/--).

Winter occupancy is lower than the other seasons, but still produces income. 

Meanwhile there are brand new massive residential buildings going up everywhere, 2 LANES INTO 4, 4 into 6, Amazon taking 2 mill sq ft, brand new 20 story Sherwin Williams building in the heart of everything, new restaurants, try getting a hotel room for under 500 in season and more.  

Plus the added tax benefits to support my current situation ($120k a year as a "single" person with "0" dependents Uncle Sam definitely gets his cut) A home my family and I could use in the off seasons on vacation plus creating a unique experience with lifelong memories for our guests sounds great to me, regardless of whether it cash flows.

These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.