Starting small with units under $400K is wise, and you can grow from there as you learn more.

I am currently a commercial retail tenant agent, have one rental property and am looking to grow my portfolio. 

But until then I agree with you, that's not a growth strategy.I am a firm believer to grow your portfolio first wide, before you grow it deep.

Rather than deplete the tax-sheltered IRA, you could continue to grow it and only distribute to yourself the minimum amount required, or perhaps a bit more here and there as suitable.

I look forward to learning and growing with everyone here.

It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.

Here are some reasons why Cape Coral may appeal to real estate investors:1) Growing Population: Cape Coral has experienced steady population growth over the years.

Vacancy rates:The overall office vacancy rate in Tampa is 9.4%, which is below the national average of about 13%.For residential properties, the homeowner vacancy rate is 1.0% and the rental vacancy rate is 4.2% in the 33619 zip code.Days on market:Specific data on days on market wasn't provided for Tampa overall, but the median days on market for homes is 89 days according to one source.Promising areas:The Westshore and Downtown Tampa submarkets have seen increased occupancy, with an uptick of 175,000 square feet over the past year.The Westshore submarket has seen its vacancy rate drop by 100 basis points year over year to 12.5%, hitting a four-year low.Rental property insights:Tampa has a high percentage of renters, with 53% of the population renting rather than owning homes.The median rent price in Tampa is $2,941.Market trends:Tampa's real estate market has seen strong appreciation, with a total appreciation of 129.39% since Q1 2000, at an average annual rate of 4.41%.The city is experiencing population growth and an influx of young, educated professionals due to increasing employment opportunities.Regarding your interest in a brand new construction SFR with live and work usage, this could be a promising investment given Tampa's growing population and the trend of people seeking to live close to their workplaces.

You know it’s funny back when I was flipping in dc pre covid, I was always amazed at the prices and in the back of my head was like I cannot believe people are paying 800-1 million to be in a tiny rowhome in a frankly pretty rough area, now of course everyone who didn’t grow up here throught it was just was the way it was, but growing up here I tried to explain to everyone just how bizzare it was that the city was so much more than then the burbs, (from 06 on there were entire areas that went up fourfold, where as the burbs were kind of flat for a decade) I won’t say I saw dc’s crash coming but it seemed so unnatural to me having grown up in the area, I also don’t think we’ve seen close to the bottom as far as urban real estate, as you said you can still trade a house in the city for one in the burbs but really given how urban living is + remote works, cities should be significantly less than an equivalent burb.

Excited to learn and grow with the Bigger Pockets Community!!