It sounds like you’re aiming to offset your W-2 income with potential real estate losses, which can be tricky if you don’t qualify as a Real Estate Professional.To qualify as a Real Estate Professional, you or your spouse need to spend more than 50% of your working hours and at least 750 hours annually on real estate activities.

Novices are at the whims of REACTION vs proactive measure. - Negotiation.

It's completely understandable to prioritize cash flow, especially as you aim to reduce your working hours for a better quality of life.

These changes aim to prevent future tragedies but have also led to increased financial burdens on condo owners, as maintenance fees are expected to rise significantly.Insurance Costs:In addition to legislative pressures, Florida condo associations are facing skyrocketing insurance costs.

I like Pompano as well  I think we are aiming for single family 

But for your first, I would suggest aiming for a turnkey or minor rehab properties and marketing them to self-pay tenants.

It's a measure of cash flow relative to debt obligations.

Are you aiming to host families, snowbirds, couples, or work travelers, etc.?

A good precautionary measure for everyone's safety.Also, there's a new rental management product on the market PropertyScale.com.

A minimum of 20% equity is my benchmark, ensuring I dont find myself upsupside down on my investment.Positive Cash Flow by the Conclusion of Year One:I aim for a positive cash flow figure at the end of the first year.