Purchase your next home using FHA so that you can make the minimum down payment, and use the rest of your capital towards income producing properties.

Find and negotiate an equity pack property and the MONEY will come, or just flip and you don't need the money.Money is not the key to real estate success - the key that will unlock the doors to many transactions is the deal, the knowledge to negotiate, the ability to think of 10 ways to write an offer, finding great properties and the ability to negotiate an attractive transaction.Why buy property when you can CONTROL a property and flip it while you are in contract.Selling something you don't own is the highest leverage in the world ----I have been doing Control and Roll for years now and it is the fastest way to make short term cash profits - try it, it works!

I am attracted to the BRRRR model -- it seems like an intelligent way to methodically build a good-sized portfolio by reinvesting my original equity over and over, but I also acknowledge that there's a lot to learn. 

Anyway, I learned that vetting tenants and that having to low of a price point attracts the wrong people.thanks guys

I agree with you on the upside and the proximity to the city, however, I do feel like the highrise rental buildings would more likely attract the crowds that commute to NYC. thoughts?

We recently bought a short sale 2nd home in Deltaville, VA which could make more $ than I will this year.....prompted the taking of a closer look at our portfolio and realized the need to add revenue producing assets for our family. 

But when you stack a tax deductible 700 or 800 exchange fee against possible tax savings it can look pretty attractive to take the chance.

The Orlando market is indeed an attractive one. 

I also had my Realtor/ PM supply a letter to the bank with the predicted ARV of the property and the income the property would produce.

Again havent tested it but my inclination is that I'm in these properties (with nice cashflow) until the neighborhood really takes off or I'm exiting to an investor at a cap rate that is attractive to them which is prop high single digits ie $65k-80k.