Hi,I am a new real estate investor who reside in Northern New Jersey, I a planning to start buy and hold single family homes in FL (Volusia county to be exact) I have relatives there that can assist me managing my future investments.

At some point if the economy takes a hit some might be in some trouble.

As long as you can hit your desired numbers (cap rate, ROI, NOI ect.) then a property manager always makes sense in the set it and forget it investment mindset.I think if you go conventional financing on anything 4+ units, that is a solid deal, you should be fine.

They gave me bad information about their fees and then after I agreed to open an account and fund my account they tell me a different story and now if I close my account I will be hit with additional fees.

Am actually about to sell my first property there and move elsewhere, but if you want to know info about the area, feel free to hit me up.

The market in Northern CA is crazy mind you, and after back and forth of counter offering, our offer of $242,000 ($17,000 above asking price) was accepted. 

Yes very hard to hit those numbers unless you are using tract builders and doing volume.

If your interested in investing in tampa anytime hit me up! 

I am from Prescott AZ and looking to invest in the Phoenix and northern Arizona area.

That's right about when you're about to get burned, take a huge financial hit and most likely lose the house.