Round 2!

However like most of the educational programs out there, most use an initial audience to vett the content, then they do another round to make it a bit better.

Some of the hurdles I've encountered so far:-Finding a deal that provides for a lot of initial equity, with manageable rehab that keeps me around 70% ARV (possibly a little higher since I will probably be holding for at least a year)-Finding the above in a good location that will appeal to young professionals like myself and keep me close to the urban core of Tampa-Rounding up the cash for a wholesale deal, taking the chance on a private money loan for a wholesale deal, or qualifying for an FHA loan for a Fannie Mae Homepath type of deal.

It makes the world go round!

We have 5 properties in the mountains, upstate NY that we rent by the night and week, year round. 

personally, i like the real estate market in florida. like any other state, there are good an bad areas in florida, i am sure, so you would have to scope out the areas you would like to invest in and see what they hold for you. take a vacation to an area that you would like to invest in and drive around a bit. if it looks like a bad area, mark it off your map. if it looks good to you, do some research on the area. look for vacant houses. talk to the locals, etc. then, make your move. i would not invest in an area that i am not close to. keep it local. if you get a new job in the same field that you are in now, FHA will consider it the same as if you stayed in your current job because it is a related field. the big plus, the weather. here in western new york, we get about 4 months of the year where you can do decent outside work on a house, then you have to fight the weather for the rest of the year just to get a place finished. and lets face it, you will be rehabbing a house, so why not go to an area where you can work on it nearly year round?

Try Georgetown and round rock and San Marcos.

I am a bit nervous because this is our first round and I know we will learn a lot but no doubt make mistakes.

I always round my income down and expenses up.

Hi @Andre Farah,Depending on where you are you need to also look at insurance - mainly flood, also occupancy rates may vary and the market might be much different year round vs seasonals.