Hey Nadia, I’m a realtor here in the Pensacola area and I’ve noticed foreclosures happening more frequently as well.

Nevada taxes the casinos instead...My rental income is tax free even in an income tax state, as I show now income due to the expenses and depreciation.

I see that the area does sell these properties frequently and over the years have been increasing in value. 3 years ago, these properties (fully deeded) were going for around $25k, and now are selling for around $60-90k.

A question that I am asked frequently is whether or not a cost segregation study is beneficial for single family homes.

There is a Facebook Group Called "CR Area RE Investor Meetup" that gets together frequently.

It is an area we frequently visit, so it would be easy for us to check on our property when in town and we like the idea of investing "in our backyard" for our first property before branching out into different markets.

This person / company was frequently well known by the Department of Environmental Quality, and may have been employed by them prior to their striking out and forming their own wetland consulting company.

House hacking is a possible alternative, but given California's high real estate values, investigating other areas may be a good decision.Houston, TX is frequently seen as a favourable alternative for out-of-state real estate investing for various reasons: Diverse Economy, Population Growth, Affordability, Landlord-Friendly Laws, Job Opportunities etcRemember that success in out-of-state investing often involves ongoing communication, local support, and adapting to the unique aspects of the chosen market.Good luck!

Major hotels will upgrade their rooms, bars, restaurants and casinos frequently, sometimes every 3-4 years.

If you ended up in a property that has low grade materials, you can replace stuff more frequently than expected meaning higher costs than if you had done it yourself.