Welcome to Biggerpockets @Sierra Murphy Great to have you 

Haines City seem to have higher HOAs that kills the return but Kissimee and Davenport may work for our strategy.Here is a deal that I’ve been looking at:118 SIERRA CIR, DAVENPORT, FL 33837Price:     150KClosing:  3KRehab:   6KRent:     1400HOA:     55Insurance:  100Management:   140 (10% per year)Tax:      208 (1.5%)Repairs:  100Vacancy:    58 (6% pe ryear)Cash-on-cash:     5.6%The return is still not where we like to be but might be able to squeeze another percent by reducing the purchase cost or management cost.

Obviously, not all cycles are the same, but oil could recover in a meaningful way.The Sierra Nevada had a good snow pack this year so local ag will have surface water for the first time in years.  

Sierra vista is another market I have been curious about.

I was just quote 5.25% , 25 year amortization, from Bank of the Sierra in Visaia.Franklin

Hi Sierra,Sounds like you're just getting started, in which case there's a LOT to learn. 

Originally posted by @Erika Sierra:@Adrien SalvadorI’m a Real Estate newbie in Millburn area.

I live in Sierra Vista, AZ and began learning RE investing in early 2015.

An abandoned mobile home park, a 1/6 interest in a patented lead/silver/zinc mine (30 acres), and a substandard lot next to a creek in a High Sierra ski town.Tax sales are fun, but sometimes they get out of control with bids, that is one reason why it can be profitable to buy prior.

Contact Aaron Chapman with snmc or Steve Bighaus with Sierra mortgage.