In 2009 I determined the best ROI I could obtain with the least time spent and lowest risk wasn’t direct investing; I merely purchased REIT mutual funds, and tripled my money over the next 5 years. 5.

I live in San Diego, CA and purchased 3 single family homes over the last year, 1 in TX and 2 in OH.

Primary home is a little easier but for FHA and other programs it requires 12 months title seasoning.There is something called delayed financing that if you purchase a piece of land and pay for the home "All Cash" without a mortgage you can get up to 80% LTC.

No, you cannot purchase a home with an FHA loan via an LLC.

Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

In about one year, we intend to make our second real estate purchase, which will be a more permanent home for us.

Not sure about FL, but many places don't publicly list the purchase amounts, so tough to know what they sold for. 

Quote from @Juan Perez: Greetings,My first home was paid off over a year ago, and I am now living in my recently purchased 2nd home.

Often, it will also need work.So, that is causing investors to lower their standards and buy Class C & D rentals.Problem is, most investors apply Class A assumptions to these Class C/D properties - and then blame everyone else when they don't get their "expected" results.Check out copy & paste info below for more dtails:------------------------------------------------------------------------------------------------------Recommend 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?

I just recently closed on a BRRRR for my client that was $185k purchase price, $25k rehab, and $265k ARV.