Partnering, taking a HELOC out on your primary residence, and finding a property being sold Subject-To are also some good ways to get started if you have consistent income, but low savings.

That way, you can build a healthy passive, or active income subject to capital gains tax.DepreciationDepreciation recapture happens when you sell a property.

I've read multiple articles online on the subject, but I want to hear it straight from the people crushing it!

He said that he needs to find a 6 month rental for two executives that travel to Destin for work frequently.

I would like to have a long term renter so I don’t have the frequent turn over with vacationers.

Even then, your application is subject to tight caps on the number of permits available by neighborhood, higher occupancy taxes, etc.

@Ross Bowman This is a very subjective question.

The first thing I do when evaluating a potential deal is to run a quick CMA within .25 or .5 miles of the subject property while filtering for # of bedrooms/bathrooms, sq. ft., year built, etc...

@Carolina GalindoI invest (buy, permit, sometimes develop, sell) in cannabis real estate very frequently in Humboldt county, pretty familiar with the rest of the state.

Update: After the initial post I was able to do so more research online and through the forums (where there were endless posts on the subject).