Stay away from Philly as their laws are as tricky as NYC's.I would strongly recommend you purchase something within an hours drive from you so you can learn on the job as a landlord. 

Orlando, Kissimmee, and Lakeland are hot for mid-to-long-term rentals, with Orlando's tourism and Lakeland’s logistics expansion driving demand.

Basically cash in the bank is a very good way to get an approval on bigger loan amounts or in general.

Let's talk about the 'upcoming economy transition'.Right now, investing in private placement syndications makes even more sense than ever. 1/3 of the dollars every created were willed into existence over the last 1.5 years, and with the cervesa sickness policies enacted, this is driving the dream of homeownership more and more unaffordable.We are going to see record rental demand going forward with huge housing unit shortages in many markets.Both passive investment in syndications and buying SFHs can fit this role, but owning rentals suffers from all the issues I outlined in my first posts.I'm usually funding 4-6 deals a year, and even with this cash position in portfolio is getting uncomfortably high.

My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a  A-B area .BIG fish can have the whole USA in their  zone .Outside of my zone I am thinking flip it there are exceptions like all rules . 

Thinks that basically read to don't use C4D to F-people. 

So basically $2M annually.So I could spend $200k and make $24,000 in a year, or I could spend $200k and make $2M in a year.

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

But it is still just VERY basic. 

Peniche also has a university and a fishing industry to provide alternative economic drives if tourism does take a hit.C.Supply constraints– Peniche is a peninsular!