On that note, shop around for better loan terms, just an additional $10k would give you more options.2. 

This way you can learn the market and give yourself time to shop around.

But they will do sub-5% interest rates and better terms (5yr, 7 yr) and no pre-payment penalties.You go with B2R, First Key, Lima or any of these "soft to hard money" lenders only if you've been rejected by the banks.Again, if you have the benefit of time, shop around!

Kurt Kwart I would definitely like to meet up for some coffee or chow and talk shop if you were interested!

We're renting out one unit for $2,000/mo, and renting out the shop for $200/mo.

That's a VERY smart first step. :)Liz

Smart move having rental property in SC....Who knows, you may end up moving here one day.  

I'd say start here on BP and ask around on the local Florida forum if anyone knows of investment-specific realtors in the area who are good, and if they know of any PM companies, and if they know of any combination shops (investor brokerage AND PM company).

I am a young engineer who wants to be safe or smart with my money.

Your mortgage is a 30 year fixed, and homeowner's insurance you can re-shop for every year with little cost to keep that down.