However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

Think About Future Value & Target Demographics•Check the average income levels in the area.

The guest house has STR rental history but the other two units would need to be based on projections. 

Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future. 

So, every non-government job your tenants have will vanish in the foreseeable future.

I'm originally from Columbus Ohio which is where all of our projects are right now but I love miami dade county.

Your homeowner policy may cover minor repair work but probably not a large construction project. 

Quote from @Aidan Birmingham: Hello, I have been speaking with an investor who would like to partner with me on some future real estate investments.

He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

Strip the floor to the subfloor and paint over it to stain block then just recarpet or put in vinyl to mitigate future stains.