Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.

While management has been helpful in dealing with this, I also learned that per our contract (which we never signed, the developer did) that the HOA management company is entitled to all late fees. 

A rent payment isn't enough to cover the DSCR payment, HELOC payment, tax, insurance, and maintenance.

I am not familiar with the area other then I work in the area on occasion and would like to learn more about investing in the Jacksonville area!

And so, in other words, you may not be limited to just one program.”If you want to learn more or see what you qualify for, be sure to lean on the pros.

I would also share pros and cons of paying taxes on the windfall versus owner carry.

Keep in mind taxes go up as do rents.

@JD Martin taxes and insurance are not debt.

What specifically are you wanting to learn?

For several reasons (property taxes, politics), I would prefer to begin real estate investing somewhere other than locally.