Really just depends on the area and rental comps

Since we don't have our primary yet, I feel like it doesn't make a ton of sense to get into buying rental properties and potentially hurting my own mortgage loan application.

Upstairs currently is a mid-term rental but plan to do long-term after they move out EOY

Quote from @Tiffany Kho: Hi everyone,I manage 2 Airbnb's (one in Orlando and one in San Diego) but now I'm interested in buying a condo in Waikiki located in their resort zone which allows short-term rentals in Oahu.

My wife and I understand that we could give our home to an adult child when we pass away and that our adult child would pay no capital gains taxes on it.But, we have multiple rental properties owned by our LLC and we want to give each our 7 children a property when we pass away.

Usually, in a single-family long-term rental situation, the tenant is paying for all of their own utilities.

Plenty of areas of FL have seen record levels of new supply hit the market which has impacted rental rates, either making it flat for the past 1-2 years or even dropping some.

Is the overall feeling for this area better to try to start flipping first rather then rental properties?

Assuming you are doing long term rental, check zillow to see what other houses are renting for. 

Whether you end up pursuing fix-and-flips, rental properties, or another niche, this community is full of experienced investors who are more than happy to share advice and guidance.Feel free to ask questions, join discussions, and network with others who have been where you are now.