Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

Greetings,I found out about BiggerPockets through the book 'How to Invest in Real Estate', I'm definitely interested in learning more. I've heard a lot of good things about this forum and I'm excited to be a part of i...

If you're prospecting the entire coast, just keep in mind travel times for tours and be mindful of the weather.

I don’t mind paying those fees if I can build a solid, long lasting business quickly.I know I can piece together all these things by attending my local REI meetings and making connections there.

The factors you mentioned are very important to keep in mind for any investment, but I like investing in areas I know. 

Hi @Jean-Pierre Njiky Djiodjip Welcome to BiggerPockets, It’s such a great resource for learning and connecting with like-minded investors.

Here are a few things that come to mind. 

Keep in mind the 6% tax rate for second home/investment properties is based on a taxable value and then a local millage rate. 

If you are going to have this asset for a long time it'll be worth the peace of mind knowing its updated. 

If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.