Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.

I'm not in FL but if you are in set up mode you could try NREIG; you don't need STR coverage till you host your first guests

There are large numbers of opportunities in the Bahamas and very limited access to lenders.

another maybe odd thing i worry about is it's a bit in the country, with 4 doors right next to each other i worry the tenants could fight, drama, drug deals, noise complaints, i have no idea but it just seems a bit strange. the layout just seems very conducive to drama, 4 door out front literally spaced ten ft apart with nothing else directly around and one big parking lot out front.another concern i have is, i understand there are laws limiting how many people can be in apt. these being 1 bed 1 bath, thats room for what 1 couple, and one child at most?

.- Understand passive activity loss rules limiting deduction of losses from passive activities.Capital Gains Taxes- Be aware of tax implications when selling property, considering short-term and long-term rates.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Be sure you understand the tax benefits and the errors that are often made that limit those tax benefits or come back to bite.

I'll set the stage.

That price point has a lot of limitations. 

I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

You determine the probabilities from the statistics of a large data set … 200 flips in the example.Once you have done 200 rental units you can determine the EV going forward.Not a very satisfactory answer I know.