I currently own one rental property and looking for adding at least one more in 2025.

I really like the Nokomis area a lot - if you're looking at holding onto this one as a rental for a while, I'm sure you'll see some nice appreciation in the coming years too.Just curious, but did you do the full renovation after closing on it, or did it come pretty much turnkey for you? 

Bulk Purchasing: Work with large property owners, banks, or distressed asset funds to acquire multiple properties at discounted rates.

That said, if you're barely making the net worth cut even with home equity - the agencies will likely at the deal with additional scrutiny.

PS if you're really fired up about starting your journey, take a look at our BPCON 2024, it's in Cancun October 6-8th and it may feel like diving into the deep end but making that investment in yourself and your REI education can make a monumental impact as you get started!

I am looking at properties (with a rough estimate) where the 75% of rent doesn't have a problem of covering mortgage.

Now at 11, there is something to do each month be it maintenance, tenant turnover, releasing, etc. 

. $80k is a start (and impressive at 21!)

After prolonged discussions, recent high-profile incidents at STR properties have finally sparked some action.

That fact that you have a little experience is good, but not a reason to go find one of your own to flip at this age.