I’ve helped several clients in similar situations find their first vacation properties here in Florida, and the Panhandle is fantastic for beginners because of its year-round tourism and robust support networks (property managers, cleaning services, etc.).

Hey @Paul Stern, I host the New Haven meet-up monthly, and invest in New Haven county, I actually just completed my first successful BRRRR on my own, tenants moved in yesterday.  

Under IRS Publication 523 for 2023 dated February 2024, I qualify as "Service, Intelligence and Peace Corp Personnel" and for "qualified extended duty" (page 4& 5 - https://www.irs.gov/pub/irs-pdf/p523.pdf).

Hello @Johann Villalvir,Congratulations your accomplishment.Some background: I am an engineer and what I do in our investment services business is primarily data science and software development.We use data mining software to evaluate thousands of properties based on about 40 behavioral characteristics of our target tenant segment.

They're driving demand.Communities will use that tax revenue to increase the overall appeal by providing more services, improving infrastructure, etc. 

The major pieces of information you are missing include NOI which includes deducting all of your operating expenses from your gross rents sans debt service, market dynamics (what are vacancy rates and asking rents like in the market the building is located in?)

Keep in mind, everyone needs a place to live in landlords provide a service of providing those places and keeping them in good shape, updating it, etc.  

With 0% down and 30 year amortization, your monthly debt service will be $1756.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!