Also note that my company will possibly either cover closing costs if we sell or provide property management for two years if we rent.

Vaughn is 40 years old, has a Bachelor of Arts in Marketing and Business Management from Temple University in Philadelphia, and resides in the City of Tampa, FL.Ms.

Investment Info:Large multi-family (5+ units) commercial investment investment.

We did a bunch of research on where to purchase a turn key property with management in place.  

@Kwanza Price tips for managing contractors:1.

Property taxes are 650, insurance 160, outsourced property management takes 10% of the rent, and another 10% of the rent is set aside each month for future repairs. 3750 x 0.8 = 3000. $3000 profit, minus about $2300 in mortgage, property taxes and insurance leaves about $700 cashflow, when I move out.

All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties. 

Connect with other investors, agents, and property managers to get a feel for the area and learn from their experiences.Are you thinking about house hacking or just straight-up rentals for now?

Are you looking for a house to buy or manage here in Florida, as an airbnb, etc?