I think South Florida is a strong market and think there is potential for continued growth in the area.

The minimum loan amounts on some of these programs vary between $250K to $500K.There are programs for loan amounts below $250K but the rates are even higher but you still have the ability to utilize the 30-year amortization.You can go to the local bank and get a loan but their products are different. 

I only listen to Biggerpockets podcast while driving now, and in my down time when I used to watch mindless television I am watching youtube videos, practicing running numbers, checking COMPS, and trying to prepare to the best of my ability to not come off like a complete and total amateur when I approach one of you lenders on here with a deal I firmly believe will be mutually beneficial. 

I am anxious to do all that I can because this home would be great for us to live in long-term, with the ability to rent out the basement.

From everything I have learned thus far, I'd say that the Atlanta market is stable with strong potential to maintain growth. 

We also do a deep dive on the area looking at population and job growth, net migration, and employment diversification.

You just have to have the ability to act quickly.

Hi BiggerPockets community,

I’m Frank, a part time real estate investor. I have been buying apartments and condos since 2008 and I have been fortunate to accrue 5 units (3 town houses and 2 homes) since then. I have ...

However in the midwest I believe price growth has outstripped rent growth so I would rather exit at close to the market high because all the gains could be wiped out in a hurry if investor sentiment turns.

Getting a special and start off with low down payment is not as good as you think but if the  the location is important as a consideration, the demand for what you buy property and tenant screening, it's in  growth area, is it located within a diverse area, the parking that is available, do you have deep enough pocket if funds are needed, Do nearby amenities exist, is there any nearby retail stores and what are they and does it fit your ideal tenant, and are there any existing tenants.