Researched the area , contacted local team through biggerpockets How did you finance this deal?

Since you're looking to expand into Florida and other states, I'd recommend starting by narrowing down your focus:Market Research – Florida has great opportunities, but each state and city has different laws, taxes, and demand drivers.

Just my 2 cents.Hi Scott,- I utilized the brokers information and then did my own research in 1 bedroom comps around the area and the 2025 Small Area FMRs for the county which are $730 for 1 bedrooms.

As always, DYOR (Do Your Own Research) The area has a mix of stable, long-term residents and rental demand—especially with Section 8 tenants—but it does vary block-by-block.Key things to consider are Rental Demand, Property Condition and Management (a local property manager can help navigate tenant screening and city requirements)It’s not as bad as the headlines make it seem, but success here depends on buying right and the right property manager.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I tried to research the best and most user-friendly PM site that did not charge a fee to maintain a property, being that it was my first one and I was self-managing and not using a PM.  

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Research wholesaling for more on that. 

You and your wife most certainly did your research and know what you want.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.