The 5.2-point March increase followed a dip in February, which ended the month with a revised reading of 93.8.All five of the components that make up the index increased.Current perceptionsFloridians' perception of their personal financial situation now compared with a year ago ticked up four-tenths of a point, from 88.1 to 88.5.

The point is to make a good investment that aligns with your goals.

So I would hire PM to manage your property there, look for a full market analysis and estimate of cashflow.I could also give you a comp on our house for free just send me your home address.Another thing you might be interested in is a 1031 Exchange which can save you tens or hundreds of thousands in unnecessary taxes.

No placement fees, no maintenance mark ups, etc.As an owner/investor/PM I work hard at aligning my success with my clients success. 

Impressive.For your plan, you're looking at two different components; real estate and the care home business.  

You will need certain skills (possibly hard / soft / silver soldering) to replace specific components, especially the filter / drier.Remember, however, that is NOT for DIY - you need licensed professionals to handle and dispose of replaced refrigerants.Here is a link to a page from the owner of the "Freon" trade name (there's no such thing as "freon", actually - it's a DuPont (now Chemours) trade name for their line of refrigerants)  including a video showing how to convert an existing R22 system to R-438A.

@Jehan Jaleel Allow this to happen and it is likely you will soon see ongoing repair bills aligning almost perfectly with the monthly rent amount....and it won't be for just those first two months. 

Now discuss with your agent and make sure your policy aligns with your answers from #2. 

You could easily take $500K and get yourself in 3 - 5 solid deals.  3) Syndication + Niche Diversification (+MPH/SS) - Do 1, 2 above and add a third component by diversifying into a few alternative niches w/very solid histories and strong future trends by investing in pools of mobile home parks (MPH) and self-storage (SS).I would not advise taking $1.5m by yourself and say I'm going to go into MF and learn the ropes.

If you are looking for numbers though go through some of the deals posted on the forums to get an idea of what others are doing on different properties and how that aligns to your goals.