Unfortunately, over the 11 months he has lived there, he has only managed to pay the rent on time once.

Hey, I was taught pimps and ho's and gang bangers gotta live somewhere too.

Also, often times the original homeowners still live in the property so once the sale is ratified you have to go through the eviction process or offer cash for keys to get them to leave.

I'm from Leesburg, and I can tell you—multi-family is a solid choice (piggybacking the previous comments which I agree 💯), especially with that live-in/rent-out, house hack strategy.

I live in FL, 2024 my first year in RE, I have a scorp private money lender/partner and other RE related businesses STR and interior design.

We agents why they are getting their license NINTEY PERCENT of them are going to say to sell homes and make a living on commission!

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

Also, if it fits your budget and your business needs a write off BPCON lives up to the hype. 

Buy where you intend to live, where you know the areas best.

We live in Texas, a community property state, and are 50/50 owners.