With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.

So if you paid 3x the price of the previous owner, and lost the homestead exemption due to using it as an investment property, it is entirely feasible for taxes to double or triple.  

Positive Cash FlowImmediate cash flow isn’t always possible in growth markets.

I live in Florida and willing to move to whatever city I can implement BRRRR estrategy, here in Miami doesn't seem possible.

When you have a real state license you have access to MlS and  that gives you the opportunity to see possible deals before those who don't have access.

I want to learn as much as possible about such topics.

@Keegan Wetzel I just relocated to the San Diego area as well, and would like to connect with your CPA, could you possibly send me his information?

I'm looking forward to connecting, learning and growing with as many ppl as possible.

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.