Florida has some strong rental areas, but things like insurance, taxes, and property management can vary a lot depending on the city.If you ever want to compare notes or chat about market trends, happy to share what I’ve seen!

I have had investors pull equity from their homes in the phoenix area to buy cash flowing properties in Fayetteville and similar areas, because the price growth in the phoenix area generates amazing returns.It depends on if you want cashflow now or delayed gratification later.Keep in mind that when you do sell, there are costs to selling and depreciation recapture  and IRS taxes, which eat up most of your "equity" growth. 

Cash flowing markets, low taxes, landlord friendly and large demand in renters. 

It's easier for an investor to stay committed to the plan and avoid change orders than it is a regular homeowner.

Plus, we haven't even talked about the tax deductibles, depreciation, and how the house hack has the potential to off-set your taxes, which is another aspect way of making cashflow (obvioulsy verify with a CPA).

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.

Joint tax return?  

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

That's my biggest concern.But I should also look at the tax and long term benefits.