Hi everyone,
I’m a new investor learning the ropes of being a midterm landlord. I bought an outdated condo, planning to do a cosmetic rehab later when I had more budget.

I moved out of the condo in mid-2024 for a ...

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I wish I could pull something off like that... basically, its a fee to make sure you don't waste the lenders/broker's time.

Nobody moves during this time.

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.

Below is the quick data I pulled.  

The property was leased for $2,150 per month.Refinance and Return on InvestmentAfter a stabilization period of 6 months, the property was refinanced to leverage the increased value created through renovations.

Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.

I grew to love it over time.  

This is the worst time of year to find a tenant .