Based on the numbers, your cashflow would be very strong as well.

The upside is that they provide fast closing and interest only payments, which would keep the cash flow on the first property strong.

Florida, and Tampa Bay area specifically, has a lot going for it in terms of continued population growth, strong rental market, solid job market, great weather and the like.

I would strongly advise you to hire an attorney who speaks your native language.

I feel strongly that it's a desirable location (private wooded lot on a river, plenty of nearby attractions) and should be able to do well.I'm planning on managing it myself but want to start off with good processes and methods.

As with starting ANY new business, you need plenty of education, general business knowledge and a strong network.You have the network here in San Antonio.

Most of the areas of town with strong rent to price ratios are also places where it's relatively more difficult to attract tenants and also where turnovers are more common.

This is an existential threat for ABB's if they do not figure out a good strong value prop for their guests. 

As long as you have a strong RE and financial background; you might jump in the ring. 

The caveat to that, is that you have to choose the right partner, or you will butt heads, have trust issues, and end up spinning in place and making no real progress.My partner in REI is someone who is strong in the skills that I am not.