Naturally I thought it was a home run I went to see it and I realized it’s driveway was not possible to drive up in perfect weather in an SUV.

Just to give you an idea of what the numbers look like, here are what my last 2 deals look like:1: 246K purchase price, 20% down, cash flow $350/month - this is an area where we are forecasting significant appreciation2: 215K purchase price, 25% down, cash flow $650/month - appreciation not so significant in this areaLet me know if you want some more info

Having lived through 2009, I've learned buying in high demand area is a good way to help weather the downturn; with low interest rate, you can patiently wait for the market to bounce back.

Florida has a lot going for it - especially post-COVID when people can choose to live near water and nice weather without leaving their jobs.

It helps when you don't have depend on electricity when/if the electricity goes out during a weather event.

Look to see if someone is paying their bills on time and if they have any cash reserves to weather a storm.

So how is it I fear 0, because I have an amazing maniac of a tax attorney, I go and drop it on his desk, spend maybe 10 minutes because 30 seconds is "here ya go, get-r-done" and 9minutes 30 seconds talking about life, kids, the weather, what not.

However you won’t be able to purchase more with that income received and if people stop traveling to save $ then make sure to have ample reserves to weather until the next market cycle.As Grant Cardone says “cash is trash”.

Hey @Tonya Weathers send me a PM with your email and I will send it over

You can run a historical/forecast cap rate report.