Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

One of my friend happens to be a RE agent, landlord and a property manager himself and he seems to feel that as long as she pays rent on time and does not create nuisance, not to worry much and just keep do a quarterly property inspection.

After a year or two we intend to buy a larger property in the same area and partner with some friends on it but I do believe a boots on the ground person employed only by you is KEY to executing anything if you are not in the country yourself.

The ypromise the world and a happy, friendly place to live but then they they do nothing.

And that my friend, is why my 1.2M is legit sitting still lol Dont want to make the wrong decision! 

What I do know is I don't plan to leave any crumbs 😂I also am aware of laws that say I shouldn't say things like, "I'm offering 8% return to someone who has the liquidity/resources", if they are not friends or family.

In my area, I see a big need for a " military friendly" resource in the real estate market. 

Time is money and I prefer spending my time with my fam and friends instead of problem tenants and legal cases. 

On paper we were slightly in the red but much of that is due to one-year expenses/repairs & allowable transportation costs to get up to the property for work days ourselves. 

DSCR loans are going to be your best friend in this case.