It's a reminder that in Miami's dynamic market, opportunity awaits those with the vision to seize it.Townhomes & Condos:Closed Sales: While townhomes and condos navigate shifting currents with a 4.8% dip in closed sales, the market remains resilient, offering a diverse array of options to suit every lifestyle and preference.Cash is Still King: Despite the downturn, cash transactions continue to dominate, albeit with a slight decrease of 2.5%.

Understand the pros and cons of each approach, and consider which aligns best with your goals, risk tolerance, and resources.Evaluate Your Resources: With a healthy credit score and $35,000 in liquid funds, you have a solid foundation for real estate investing.

I've been able to get a healthy combination of both cashflow and appreciation from my properties after a little TLC.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.Happy to share my experiences.

@Jon K. regarding disability I think your young and otherwise healthy/competent people can be retrained and I make no exception for Veterans.

Almost all foreclosures are going to be cash deals with healthy rehab budgets attached.

It didn't suit my personality or my goals in the long run, much less my lifestyle! 

On #2, the reason to take a lower interest rate is that I get the price I want for the house (which would be difficult in this interest rate environment) and enable the buyer to purchase the home with lower monthly rates,  where he would not have been able to do so otherwise AND I still make a healthy return on the money until he refinances.

For a long term healthy market (which I would argue is most important) we should prefer a more steady / predictable price appreciation, not something this rapid.

I have endured the bankruptcy process and had all intentions to maintain a much higher score but with what Covid 19, inflation, and all the chaos going on all over the world…it has been a difficult challenge to even maintain our lifestyles.