I'm on the Emerald Coast of FL (Destin - Fort Walton Beach) and I have noticed that there have been several investor developments, where an investor buys a property that also has some extra land and then adds tiny homes on the extra land to use for additional STR housing.

Go to those Open Houses and get to know them.

However, don't know why you'd want to take the risk of putting a Section 8 tenant in a Beachwood house.

Purchase price: $127,000 Cash invested: $20,000 Off market deal from a relationship when tenet left aesthetically rehabbed the house and is now cash flowing rental.

Also, if I was to take out $50k from the first property to put a 25% down payment on the second house, would there be an easy way to tap into the rest of the equity in the first house if I wanted to take another $50k to buy another house in the future? 

I finally landed a deal on a flip house I bought for $30,000.00 using my HELOC on my house.

We are currently looking into buying a house in San Antonio which will be our base and from there we can venture into other areas and find good deals.

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

My friend and I have a brokerage and we all sell houses to clients but our main focus is personal investments and building multifamily at the moment.

Purchase price: $80,000 Cash invested: $150,000 Hoarder house sourced through a wholesaler with plans to renovate and turn into a short term rental What made you interested in investing in this type of deal?