I've already spoken with a property manager and agents, but I'd like to hear firsthand experiences from other new investors in the Fort Wayne market, especially within the first year or two of their initial investment.

Neither of us have property management experience. 

What an unforgettable experience and what an honor it was to meet so many of you!

Search these forums and you can see personal experiences   which may give you guidance

I was wondering if anyone have experience with the Rotonda market and if I'm doing anything wrong.

Do NOT use a mortgage broker that doesn't have experience with FHA loans.

Agents who have experience in the industry will be able to help guide you and prevent a lot of mistakes.Feel free to send a message with any questions or to share more about your specific goals.

as U get experience to be competitive you need to be able to run the numbers in your head or on a napkin forget about calculators.. :)175 pprehab  30kcontingency 5k at least 6 month hold  depends on how much your putting down but lets figure 10k there.buyers in this price point almost always need seller assist on financing so 5k there.and then 7% sales commish250K X .93 =  232k  - 50k  has you at net loss of 18k.. 

@Aisha Duff what’s your experience with Savannah REIA?

I don't want to wait 5 years or so to save up 20% down but rather put 3-5% down to get experience and possibly cash flow when I do get my property.