Additionally, the growing number of Airbnb listings in the area has increased competition.

I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.

Cutting unnecessary costs could improve profitability.Holding onto a property with a low interest rate in a growing market like Tampa is a strong position, even with limited cash flow.

Yes of course there are people who think tokenization is cool and you can get some $ from it, but to grow it at scale - real estate is old school and most who invest six figures in real estate are not 25 years old and are not keen on tokenization.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Consider what your long-term goals are, is this your only rental or do you want to grow your portfolio?

Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

I wanted to get my feet wet in the commercial space as I look to grow my portfolio and negate risk with more units.

By any chance did you grow up in/around South Memphis? 

Going to the events page above and seeing who is hosting meetups along with connecting with people at these meetups is a great way to grow your network of people within a small 25-50 mile radius.