We were there looking for another property that we could buy together on the beach that we could rent out as a short-term vacation rental.We we're living it up and having a fantastic time zip lining, eating delicious food, and seeing the monkeys in the wild.it seems like from the moment I returned from that trip in August 2022 the real estate market completely changed.

Are you agent yourself and what makes you say that you'll avoid buying a home under 1000 sqaure feet again? 

@Kyle LipkoRecommend 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?

Buy a quality couch from a US manufacturer and their fabrics are usually excellent.

Can you sell the car and buy a junker for a year or so? 

To avoid pitfalls, research liens, check property conditions, and set a max bid before buying.

Congrats on buying your first condo—that’s a big move, especially in a competitive market like NYC.

I'm looking to buy my first rental property, that I would live in and use the BRRRR method on.

I think with the time you’ll spend working on this, you could find 2-3 existing parks to buy in the meantime and not need to take anywhere near the same risk  

@Luke Hamlin you can buy a second home with 10% down with a Conventional loan.