Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

Turning the management of the rental over to a property manager can relive a lot of these issues.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.

Your reserves should be part of the expense calculation: PITI, maintenance, capex, vacancy, property management, etc.

My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.

I would focus on a duplex first so you learn house hacking and management of one tenant.

He is an investor, investor focused realtor, STR property manager and handles everything from Step A-Z.

Ask yourself would you invest your money with an 18 year old new investor with no experience buying, or managing investment real estate? 

Miami is a great place to invest both for short and long term rentals and with condos, property management is simplified but be sure to ask about HOA fees as early as possible especially if you intend to go with a DSCR loan.