This is why people don't like renting to friends/family because its human nature to mix emotion into the decision making and that makes dealing with managing the investment messy when things go sideways.

Adding interest rates to the mix makes penciling out deals increasingly tricky.

Similarities to self-management but there is so much more to learn especially if you want to grow your portfolio and add investors, or other landlords into the mix.

You can pivot based off the neighborhoods whether you want more appreciating deals or better cash flow, I have a mixed portfolio worth about 2.5m.Let's chat i'd love to help guide you and possibly serve you with your real estate needs.

Plan on using a mix of HELOC and local bank financing.

@Becca Summers  It's a mix.  

Mix FOOD color with tap waterb.

When its fixed, mix up the sack-crete and fill the holes.I'll say the same thing about sheetrock.

The building is zoned mix-use so I could always just make the 1st floor residential into an apartment. 

The long version is that since the early 2000s there was a boom in Panama City which followed a frenzy of buying land for no reason other than to buy land, buyers from across the globe where buying tons of land for no business purpose but a land investment.And it was a succesful business model for the "land flipper" until prices soared, then a mix of events bursted the bubble.