If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Many of the estate properties are located on lakes or rivers providing unique recreational activities.

With investment properties, most lenders I work with prefer to have an address to work with in order to provide a "soft" quote, which does not include a hit to your credit.

Simply have the tenants sign the new lease AND have them provide you with the additional $100 BEFORE you sign the lease yourself.

Gator most of the risk is on the person providing the earnest money.

Both of you provided important information.It's true @Jason Wray that Florida is always a hotspot.

.• Retirement communities• Syndicates (from initial explorations, little transparency from providers, little oversight - almost leap of faith and trust in provider?)

with the information provided can someone please give me our cost basis so I can figure total capital gains?

I used to provide detailed answers to DMs, which are private and help only the requester.

The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.