Additionally, since you need to replace your vehicle soon, you should consider how that $30k purchase fits into your overall budget.Take a close look at the current housing market in Orlando, where prices are around $400k for decent homes.

Check out your local Salvation Army, they always seem to have a couple in decent shape for $100 or so....

Would appreciate pros and cons of each based on your experience.The location has decent visibility on 355 and surrounded by residential, Clarksburg outlet mall, good schools, business etc.

If you are taking about dropping a million cash into properties each year, then yes you are going to want to have some type of reasonable corporate structure, but if you're talking about 25% down 100 grand properties with bank notes, all you really need is some decent insurance.

They are all in decent areas.I like the program.They pay all or a large portion of the rent.The tenants take care of my houses and stay a long time.

Long story short, I spent about 3 months figuring out how to make half-decent drawings and refining and adjusting them to code.We started work on the basement at the end of May with Minh and by the middle of September the basement was transformed into a luxurious 2/1.That still left a lot of landscaping work, but my wife and I tackled that over the next 3-4 weeks in addition to the furnishing.

Any less than this, and I worry they will "Side-Hustle" because the income isn't enough to appease the ambitions of the aggressive, high ego personalities that are drawn to GP work and Syndications.

For example, you can get a 3 bed/2 bath SFH in a decent neighborhood for about 270-300k that can generate a rent of about 2000-2300/m.ThanksMohammad Parwez336-999-9086https://mohammadrealtor.com  People really invest 300k to make less then 6% net?

This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions through things like cost segregation studies.

With the right maintenance and upgrades you could sell it for a decent profit after.