Areas like these typically have low vacancy rates and high rental demand.

If I don't go that route though, moving out in a year and renting out at market rates will still be a decent return.

Purchase price: $443,000 Cash invested: $60,000 I've included the mortgage, a 5% rental vacancy rate, and a 5% capex reserve.

Hello,If I purchase a rental property in Miami this year and close under my name initially, and then transfer the title to a LLC the same year, do I need to anticipate TWO times the property tax hike for next year?

I thought it was their job to look everywhere to find the best rate and terms.

Now with the borrowing rates being where they are, I'm not sure if that's a good financial move.

As for mortgage rates coming to the rescue...

Currently, appraisal work is significantly down, since the refi's are generally non-existent as many homeowners refi'ed when rates went very low during the pandemic.

I’d love to hear who you’ve used in similar situations, or what sort of rates and terms could be expected.

What did you pay, what is market rate rent, how much equity do you have, and what interest rate/loan type do you have?