I have a lot of "guidelines" in real estate investing yet only one unbreakable rule - "don't get into a negative cash flow situation, EVER". 

Sarasota is still growing. 

heheI'm bias and have always loved Toledo.In all honesty, bit of a boring place and market.Not much to do for someone like me.Granted, growing up in Sydney, Australia and then moving to Toledo, Ohio is more than just a culture shock hehe.Who said you have to "live, where you invest" anyway?

If you are ever interested in discussing the market in Michigan feel free to reach out. 

I have been wanting to get into Real Estate investing ever since I was a young adult and I had it in my head that I needed to be rich first in order to get started.

There are a few bad apples that sneak in, but the vast majority of members are interested in growing together!

DSCR loans are typically best with 6 months seasoning, but there are options for 2 options for 3 months or even no seasoning: 1) to where you can get your costs out (purchase + renovation) as long as that number is at or under 75%, but if any other forced appreciation has happened you are limited to the max of your costs in or 75% of market (which ever is lower) OR 2) no seasoning DSCR loans which candidly come with pretty high points that make them MUCH less appealing. 

2) Rental population trends - is % of renters growing over time?

That's creating room for you to grow.

Grow your local network!