Investment Info:Single-family residence buy & hold investment.

I am interested in 3 to 4 bedroom single family homes to flip and small to medium multifamily for buy and hold.

But I want to cash flow more somehow in thousands  not sure on your capital funding for Miami but if you have the capital and backing I'd look at development for STR towers in the 50-100 unit range. you can get lots around 1.2 million that you can go 12 stories on with structured parking in Wynwood right now that you can build a 15 million dollar asset worth 30 million. you can do the condo exit or hold it as apartments and permit short term rentals. there are some great articles about short term rental occupancy. miami has 22 renters for every 1 available apartment and has the #1 net migrations in the state of florida for cities and florida is the #1 net migration state. it is land locked and developer friendly. it's under built.

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

Does anyone have first hand experience of this? 

I am trying to obtain financing for the down payment so that I can keep cash on hand for my fix and flips.

Though, keep in mind that HELOC rates can fluctuate with the market, potentially exposing you to higher interest rates down the line.On the other hand, a cash-out refinance could lock in a fixed rate, providing stability/predictability in your monthly payments.

I did not have standards to hold them to.

Formed an LLC to hold title to the property.

Hi @Jessica Carcamo _ I would suggest a buy and hold rental property.