Curt,I live in Florida as well down by the Gulf Beaches in Saint Petersburg.

So he may very well not owe any money after he pays next month’s rent.

I really enjoy playing basketball as well! 

I have done multiple fix & flip projects as well.

Posting the same question in multiple forums.After reading through, I learnt the lessons and applied it as regards questions I would normally ask about my interest in wholesaling as a strategy to starting in the Real Estate Industry, I realize a whole lot of persons had same questions and I learnt from the Responses on the various discussions.It also changed my perspective in the way I approached the vets in the house, right now I just want to connect, I mean we are seeking financial freedom and for most of us that is time to do what we want and if I don't have regards for your time by being valuable to you, then I don't regard you enough.

One property is about 3 acres that my main house is on and the other is just land with a well on it and it's about 2 acres.

Your interest rates are often higher for a non-owner occupied home  than for a personally owned home as well.   

In some submarkets, properties are moving very well and there is appreciation even in that price range.

Well, excluding the single family home that I am planning to rent out in NC in the next week which started as my primary home, this truly is my first multifamily home purchase with an intent to invest.Now, to answer your question, is it wise?

I am looking to connect with contractors in my area and network with other midwest investors as well.I am at the beginning of my journey and open to any advice from others in the real estate industry.