Focus on a market you like for those macro reasons then focus on finding a deal that works for you.2.

If you’re set on Florida, focus on areas just outside the main city that are still growing—you’ll find better deals there.

Out of curiosity, how much do you expect to make on the STR? 

That's great to see how well you've done.

Personally, in this market, I would work on saving up and really doing my best to find a great opportunity and pull the trigger then.

Purchase price: $417,500 Cash invested: $37,575 We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months, originally listed around $550,000.

That’s a great move—starting early with analyzing deals will put you in a strong position when you're ready to buy.Since you're open to other markets in the Southeast, I’d definitely recommend taking a look at Chattanooga.

I've seen many investors get burned because they failed to understand their hard money loan terms/rates, even if they did acquire what should have been a home run deal. 

Let me know how you’d like to proceed!

Depending on the market you invest in, you may have enough to go all cash on the first deal and refinance to put money in the second deal.