FSBO is a slippery path if you don't have experience selling any homes. 

I have purchase properties in Texas with foundation problems that would make people run in fear in other parts of the country. 

Prefer Eastern part of the country.   

I’ve also thought about self storage and in many places in the country you can get into a facility for $250K.

Florida is projected to lead the country in net migration in the US and projects a 10% net increase by 2030 with Tampa leading that charge.

@Jennifer Brown;  normally I would either seek more info to help out on a posters question or give some direction on your Real Estate Investment path.  

@Steve Bush Hey Steve, there are still restrictions throughout riverside, but Temecula Wine Country is not restricted as far as I know for short term rentals.

So what is the path to being a successful real estate investor?

I have 3 clients willing to buy: they are highly focused on specific buildings (and line) they want, and are watching the market to attack potential distressed owners and grab the best deal.Hope it gives the perspective, even if it's only focused on Miami, that is one of the hottest market nation-wide and some dynamics that are very local (i.e. latin-american buyers buying cash to take $ out of their country) I think a lot of this data for miami is wrong. it's not a buyers market or even close to a buyer''s market. 

I've been hearing about this and understand it's popular in other countries and only starting in the USA.