SFD vs condo vs 2-4 unit, hold vs flip, turnkey vs rehab, passive vs active...it really comes down to each individual property/opportunity, what your goals with the property are, and if the numbers make sense or not.Best of luck!

Move to FL and come work for my company.

Now more and more of these are popping up all over Seattle and buyers are more open to purchasing them.  

More preparation on the parcels i'm working on.

So could you take out the $50 you need in a term loan and also open a LOC large enough to cover any issues that arise?

Would appreciate referrals as well as any general insights about the market, neighborhoods, etc.  

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

First off, of you have capital for the DP or money set aside?

Will be far easier to purchase more property with 10% downpayments vs 20-25% for each one.Umbrella insurance isn't too expensive, $2M for $1200 per year.Just be sure to run the properties as a good business, address any concerns brought up by the insurance company (they usually do annual inspections). 

You don’t have to leverage it up all the way to reduce cash flow.