@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You could see an attorney or even better talk about it with your financial planner many have legal tech now that makes it essentially frictionless to get your estate work done and keep it updated.  

JBF Financial Services LLC DBA Finance International Group is a boutique mortgage brokerage that only does business in Florida.

I am a firm believer that if someone raises money they should have some sort of experience and also financially have a strong foundation themselves.

My goal is to have financial freedom so I can eventually quit my 9-5 job and use my time to spend with family and do things that excite me.

Prepare financially by saving for down payments, improving your credit score, and setting aside emergency reserves.

Prioritize your financial stability.

I think real estate is very forgiving (1) over the LONG term and (2) if you're well capitalized / in a strong financial position. 

That had even a passing resemblance to tax returns or financial statements4.

When I was reading your updates I was thinking how your permit timing was lining up vs the upcoming disaster.