@Alejandro Martinez I'm a fellow Canadian from just down the QEW from you (Hamilton) and moved to Orlando just over 5 years ago to invest in real estate full-time. 

It sounds like you’re on the right track, refining your strategy and preparing for your next move.

@justin @Justin Kurtz  How is it going with your move to Abilene?  

These qualities are far more valuable than the numbers in your bank account.7.Set clear goals.

What I tell clients time and time again is to invest with their end goal in mind. 

I renovated in late 2009 when I moved in for 6mo after separation.

No matter where you settle upon, your idea to build really comes down to your goals.

Looking forward to hearing more about your goals!

Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont? 

If you are a Veteran its 100% financing which can also help save money and in as little as 6-12 months you can move out of a unit and rent out all units and start over.