I had several clients from states like California where buying property in their home state was prohibitively expensive, but they could afford a decent property here. $500k won't buy you much in San Fran but is a pretty healthy budget in Jax.One smaller factor is that Duval county doesn't charge impact fees on new construction (and is the only county in Florida that does not) which is great for developers but not so great when there's no money for maintaining our schools.https://www.jacksonville.com/news/20190423/duval-voters-to-decide-on-proposed-sales-tax-referendum-to-pay-for-replacing-repairing-renovating-schoolsAlso this isn't Florida or Jacksonville specific, but in times when the stock market is particularly volatile real estate investing becomes more appealing even with lower returns.Personally as an investor I find all this out-of-town investing a bit annoying (increased competition and increased prices) and am concerned that these properties potentially aren't well maintained.

@Young T SongThanks Young!

Hi, I’m looking for a reputable Tax Accountant who works with international investors to set up and maintain LLC, read some horror stories about the DIY off the internet LLC’s which cost investors big time.I contacted Corporate Direct and they are rather costly which I can understand being one of Robert Kiyosaki’s Rich Dad Advisors, so I’m hoping to find someone who can offer the same at a more affordable rate considering I’ll be starting our with 1 property a year and that would preferably be a Turnkey option.

Hi, I'm looking for a reputable Tax Accountant who works with international investors to set up and maintain LLC, read some horror stories about the DIY off the internet LLC's which cost investors big time.I contacted Corporate Direct and they are rather costly which I can understand being one of Robert Kiyosaki’s Rich Dad Advisors, so I’m hoping to find someone who can offer the same at a more affordable rate considering I’ll be starting our with 1 property a year and that would preferably be a Turnkey option.

@Stoddard Barnhill affordable egress does draintile and had reasonable pricing.

I would let her know that you plan raising the rent and if she can’t afford it then plan on giving her notice.

@Aaron T.

If they claim they can't afford it, you may consider letting them make payments over a 90-day period but I wouldn't stretch it beyond that. 

If your employer has a Roth plan, and you can afford the taxes, I'd do that.And last, with 5 kids - and depending on their ages - I'd also be funding a 529 plan. 

Fortunately my area is affordable enough I can afford to eat a bad deal or two, but I do try and figure out at least 3 seperate exits before I even think about putting in an offer.