Investment Info:Single-family residence buy & hold investment.

Instead of keeping them, I'd look to sell them and buy something more suitable as a long term rental.If you want to know why I have such a strong opinion on this, just google the following: - HOA Special Assessment - Florida Condos 2024 - search for news on the new laws - Zombie Condos

My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

Pending property prices in your market perhaps $25,000 is enough to buy a small rental house.

Quote from @Mindy Nicol: Investment Info:Small multi-family (2-4 units) buy & hold investment in St Augustine.

Both of these allow you to low down payment loans to buy a primary residence with fixed interest rates.

Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right For the best rates, to get near the 7% on a 2-4 family you are going to need to put down 25% instead of 20%. 

As a CFA you probably know the old quote from Warren Buffett who said something like "buy what you know and understand". 

My husband and I are both still in college and were hoping to buy a residential MFH with a FHA loan, somewhere around Johnson County in Kansas. 

I'm a 20x AirBnb superhost who realized I have more productive uses of my time than hosting directly.