Go to propwire or propstream and look up cash buyers who own at least 500 or more in FL within the last 3-6 mths.

I live a townhome with five bedrooms and am currently renting out 4 of the rooms (one person per room) and living in the master suite.

Find out how much that is.

Yes, I am. keep in mind I spent about 15k a month on marketing itself.Feel free to reach out with any questions! 

Things to keep an eye out for?

Question 1: should I wait for mortgage rates to come down and then refinance and take out a HELOC and use these funds to buy another property?

You can easily send the out for e-signatures, which are legal and binding as I understand it but always check that with your attorney.

Purchase price: $66,000 Cash invested: $30,000 Sale price: $169,000 I grew up next door to this property.

Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

Feel free to reach out though if you'd like another look, certain areas have decreased rates for investors based on the area and price so might be eligible.