Are you leaning towards rentals or rehabs? 

You just have to make sure once you vacate your primary and converting into a rental, how would your DTI (debt to income ratio) be effected.

Purchase price: $900,000 Cash invested: $600,000 Purchased an existing short term rental fully furnished using equity from existing home here in Los Angeles.

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker who's on their second house hack.

Say you start a STR and use the loophole to write off 100k from W2 salary. 2 yrs later the rental goes underwater and you have to give it up at huge loss.  

Hello all,I understand that opinions may vary and depend on goals and circumstances but I just wanted to hear some experienced local investors weigh in on a first rental property investment in Florence vs Beaufort SC?

I don't have much experience with anything outside of rental properties but i am very willing and open to go into a whole new direction.What I own so far:One Multi Family Building (4 Units)Six Single Family HomesThe Multi Family Building and one of the SFR are owned free and clear (Estimated value of $2.3 Million combined).

The Book on Managing Rental Properties | Book for Landlords – BiggerPockets Bookstoreand then consider your options.

I bought this property in college, renovated it while renting out the spare rooms and no use the property as a long term rental.

There are other single family rental interests in the area that could potentially bare that burden as well.