I would think about this in terms of A) prices to access the market and B) overall market growth. 

@Lindsey Mannix - the agent report was left pretty wide open in terms of comps in the area.

What kind of financing terms were you looking at for the remainder?

There is an amazing difference in knowledge, skill, and experience between long term agents with whom real estate is their career (life) and the agent whose in real estate because he’s a career SALESMAN selling the hottest thing; you know, the guy who’ll be selling oil well drilling participations next year, and advertising services the year after. 

Numbers in FL are not looking great with insurance/taxes/HOA fees/etc for cash flow but willing to  focus more on just breaking even (or close to even) and having significant long term appreciation.Option 2: take the cash, pay 20% long term capital gains and wait as market continues to dip for a prime buying opportunity.Would greatly appreciate insight/advice from those much more experienced and knowledgeable than myself.

So far i've received referrals for Cresset and Origin Investments but both are longer term developments with minimal cashflow for 4-5 years.

If you were to rent it out long term, that's where you cross the line. 

Investment Info:

Single-family residence buy & hold investment.

Was purchased as our primary residence, then we moved and have been renting it out.

I do wonder if this could be accomplished with a 7 residential unit and using one unit as a short term rental though. 

Originally posted by @Thuy Pham-Satrappe:Hi All!