I paid an initial 19K deposit (1/3 of the 56K total SoW).

I would not want a business owner renting from me also having an endless cost hanging over their business that brought no future value.You might want to limit your expense to initial primary lease term and not the options paying the leasing broker.

@Brian Koziel I thought florida had two options with a check box for what they agree to on the initial lease.

I am hooked up with a wholesaler as well as with a few agents and want to start making moves; I just want to make sure my initial step back into real estate is the right one.Looking forward to any and all feedback.Best regardsFreddy

The mortgage includes rehab and the estimated ARV would provide that initial investment plus a lot more.

Flipping houses seems ideal since I worked in home improvements for 5 years, including owning a construction company as a general contractor at one point.I never initially invested in a multifamily because, in my area, they are all in bad areas.

My girlfriend and I are looking for our first move and have yet to come to a decision on what move we want to make I initially thought I would purchase an apartment or condo and begin renting it out, however, the numbers just don't seem to work in the places I've looked in BC (Kamloops, Kelowna, Vancouver, Victoria).

During my first investment, I was able to purchase under market value 🙌 , and with some rehab it now appraises at 20-25% over the initial purchase+rehab cost!

Michigan has some of the most complicated property taxes in the US.First, Michigan uses the State Equalized Value (SEV) to determine INITIAL Taxable Value.

Initially I was thinking of approaching them with the idea of seller financing, but the bank between us would make it awkward.