These areas have affordable entry points, diverse housing stock, and steady demand.

@Alexandra Cernasov You might want to check Martindale's peer reviews of Aaron Thalwitzer, Esq before you hire him from Cocoa Beach to handle a case in Marion County. https://www.martindale.com/organization/gordon-thalwitzer-at...   

The systems you have in place to handle leads, follow-up and your sales processes are also huge factors.Another factor is what is your monthly marketing budget?

Allowing the team to assist in some of my "Busy" work, so I can handle more productive tasks. 3.)

We draft the jobs ourselves, GC the jobs ourselves, avoid financing whenever possible, and I handle the listing as a licensed real estate agent, so we're collecting all the profit that can possibly be had on each job (aside from the fact that we try to not self-perform too much and mostly sub out the work).

Hi Daniel, condos can be a great low-maintenance option for LTRs, especially for absentee landlords since the HOA handles exterior upkeep.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

Compliance items such as adding smoke detectors, hand rails, fire resistant garage entry-door and new stairs outside.

I also don’t like out of state investing especially for the first because part of what you are doing especially with the first is learning—it’s a easier to be responsive in your backyard.What I like about this plan is it is a good entry into residential real estate.

What are some other emerging markets maybe with a bit lower to cost to entry for a BRRRR strategy?