Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.

Research the options available, compare their benefits and risks, and decide which approach aligns best with your goals and preferences.House hacking is a great start.

If you’re looking for a long-term fix, go for a more robust approach.

Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

Then if/when another good deal comes up, you can approach a lender and look at leveraging either of the properties in order to fund the down payment of the new property.

Do you provide personalized guidance, or is the mentorship more of a one-size-fits-all approach?

Using the cash flow to help with your kids' college expenses is a practical approach.

My favorite approach is attending networking events since they offer a great mix of agents and professionals.