so every step is tougher.2. you don't really compare the interest rate when purchased and the interest rate when refinancing - that is apples and oranges. 

I am currently in the process, and won't give specific input, as the project isn't far enough along to give reliable information, on my end.As others have mentioned, expect permitting in general to be a long process in Cape Coral. 

But I do think that the overall quality is very low compared to the rest of the US.

I feel your pain.It seems that if a servicing company underperforms or if there are compliance problems, lenders switch to a more reliable servicer.

Raleigh/Cary is definitely competitive..it's a booming market, but your $30K in cash gives you some solid options, especially for a BRRRR strategy.If you're looking for slightly lower-cost entry points, here are a few markets to consider:Greensboro, NC: Staying within your home state, Greensboro offers a more affordable market compared to Raleigh.

Chicago has such a great investing community compared to most places in the US I have visited!

Again, on the flip side, the brokers on our list who have been around for a long time (a decade) have become quite reliable.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

—and prioritize applicants who meet the criteria but also have a solid, reliable rental history.

Prices are still relatively low compared to many other metros, and rental demand remains strong.I built my portfolio to 12 doors there while living in Detroit (now back in California) and have seen firsthand how the right strategy can still work.