Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.

The 4 guests smoked marijuana in the house (strong smell), broke a window blind and a picture, put a hole in the bathroom wall, chipped an end table and worst of all vomited on the couch and front porch.

I realize this may not be a strong enough reason if the market dynamics have shifted.As for California, my interest lies in the fact that I live here.

Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

Congrats, always strong rental demand there!

It becomes risky if you buy an investment that won't pay you back in year one so having a strong buy box and knowing your numbers is key!

No real strong leads!?! 

For first-time investors, neighborhoods like Riverside, Murray Hill, and North Jacksonville could be good places to start, offering strong rental demand and potential for growing neighborhoods.

Your first step should be building a strong team: an investor friendly agent, lender, contractor, and property manager are key.

By prioritizing fundamentals over chasing ROI benchmarks, he’s now sitting on an asset that’s appreciated 30% and maintained strong cash flow.Personally, I once miscalculated reserves on a triplex I bought early in my career.