Real estate was cheap in Mississippi, and I could purchase the home with 10% second home loan.

A mix of commercial and residential topics is fine. 

I'm looking to invest in the Orlando Real Estate.

The fact that you bought it with cash gives you a lot of flexibility, which is key in a market like Odessa where real estate values can sometimes be unpredictable.Let’s break it down:Refinance and Reinvest:The rental market is treating you well, and if you pull out equity with a loan, you'll still have that income stream.

I look forward to learning from you all as I strive to master this element of real estate.  

The difference and con is this house is at the end of a street that both backs up to the rear of a commercial store and is very near a busy highway.

Either way, US Commercial is going to charge 2 points and a $450 processing fee. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Are there any weekly/monthly real estate investment clubs in the DMV (DC/Maryland/VA) area that anyone could recommend?

Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.