The purchase price is $1.45M, with a current rent roll of $13K per month (market rent is about $16K).

It’s the same market it was last year.

During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.

I am not a lender but I work with a lot of buyers who utilize second home loans and I am 99% sure you cannot buy multiple second home's in the same market. 

@Nicholas L. brand new to real estate investing! 

Until recently I hadn’t actually identified a market that I truly felt I could be successful in.

I have an off-market deal that seems fairly promising to be mine—wanted to reach out and get opinions on the rental market there.

By using short-term rentals (STRs) at the end of the year and switching to mid-term rentals (MTRs) afterward, your clients could indeed bypass the Real Estate Professional (REP) status requirement.

Happy to send it directly if someone wants to DM me.The guide is unattributed and has no promotional content other than on the last page there is a brief mention of the RI Coalition of Housing Providers (a landlord advocacy group which tried to work with the legislature to mitigate the challenge of this new law) and RI Real Estate Investors Group (a networking and education group that has educated RI landlords on new laws like this since 2003).Hopefully everyone reading this is already aware of this new law and has already submitted their info to the new registry!

Is this common in the Chicago market or markets with high property tax?