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.

@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?

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

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

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

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  

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

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

Buy and Hold investing is a great avenue to begin with as most people live their lives off of residual income. 

Probably buy during hurricane season (now) to get the best deal.