Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It could also help you to decide what type of real estate you would like to focus on - i.e., residential vs. commercial. 

So far, it’s going really well, and I’m glad we made the shift.For me, the decision wasn’t about issues with self-managing but more about freeing up time and mental space to focus on the next steps in our investing journey.Curious to hear others’ experiences as well!

Focus on investing and managing well, not protecting yourself from the boogie man.  

We are going to focus on small multi-family first, and then  get into large multi-family.

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

I don't know specifically about ADUs and Chattanooga, but I have clients in other markets that focus on ADU construction on larger SFH lots.

I love that you're focused on helping your family and community.

As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies.

I occasionally receive emails of off market properties in the Nashua area, I focus on the seacoast, I'd be happy to forward those to you.