I'd be happy to talk sometime, or depending on where you are at, we could meet up in person.

At 7%+ interest - and rates expected to drop in the next year, I could see an argument to maybe wait for the rates to come down a bit before pulling the trigger.  

Looking for a dynamic networking group/meet up that's RE focused in SWFL.

Also know that commercial values are determined by the assets existing performance via their financial statements using the NOI and cap rates, which differs a good bit from how residential real estate is valued using comparable sales.

Interest rate and down-payment requirement

I would love any help that can be given and look forward to meeting and communicating with you!

With the rate of inflation compared to savings rates, you're basically paying the bank to park your money there.Everyone's risk tolerance and definitions of a decent emergency fund is different though.

A good investor friendly lender & agent will certainly help + groups like this and local REIA groups with opportunities to meet in person or on social media and network about off market opportunities too!

Look at the school district--the higher rated the district, the better for holding value and stickiness of tenants, plus appreciation over time.Secondly, you'll want to make sure there is a net in-migration of working and professional folks to keep the local economy perking along.Good luck, keep investing and moving forward! 

Request minutes for the latest HOA meetings, statements, CC&R (Covenants, conditions, and restrictions).