I would think they would.I was just thinking after seeing someone one the news who had their life savings in Florida STR's.I think it is important to diversity and not have all income producing properties in one place especially when it is prone to a certain type of potential destructive weather. 

I believe transparency is important for trust and accountability.Your PM is allowed to add a fee to the invoice, but only if it is disclosed in your contract.

.- what I am trying to say is that, if you are a "professional fund manager", you could create your set of portfolio that could beat the market , in this situation , the 401k is even less important.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Im torn between something that is turn key with encouraging rent potential v something old that needs a lot of work but can become 2 units, however not the best neighborhoods.Lastly, but very important-  If in either scenario price jumps to $380k with 15% down does this become not as profitable?

As a result, I wouldn’t need to show material participation for each property individually, and I could potentially use the losses from these deals to offset other income.Even though I qualify as a real estate professional, it’s important to remember that active participation is still required to use those losses against W-2 income.

This will give you opportunity to see a very important side of the equation and probably get you in the same room with some well established investors that might be willing to help further your career. 

I think you're missing the most important piece of investing - and thats the assumption that you need to buy right.

For the past few years, there has been consistent and rapid growth in the Jacksonville area.When it comes to Class B, C, and D neighborhoods, it's important to note that classifications can vary, and it's not always solely based on zip codes.

That's why I stress the importance of building a relationship first.