Central Florida is a solid market with strong rental demand, especially in growing areas like Orlando, Tampa, and Lakeland.Focus on building relationships with local agents, lenders, and property managers—they’ll help you identify good deals.

Building relationships with brokers and diving into resources like The Multifamily Millionaire will help you succeed!

Relationship is important with landlords and tenants, especially with small time landlords.

@Cynthia Lee Depends on your jurisdiction, your relationship with the tenants, and your end game plan.

This will let you build some relationships and know who is who.

Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.

.✅ Building strong relationships and partnerships.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.

Renting, like hiring an employee, taking on a business partner or client and marring (even more so), are relationships that can be costly if made hastily or imprudently.Like others, I have check lists that I do not deviate from. 

Building good relationships with tenants and professionals while planning for future scaling opportunities can also help you grow sustainably.Good luck!

My main focus on Florida stems from an established working relationship with a property management company there.