We are in Pascagoula, about 30ish minutes east of Biloxi, so we have been looking around in that area as well.   

Once you clear the 2-yr mark of living there yourselves, you can likely use the full $500k.Disclaimer: I said likely, because there could be a mountain of complications, as well as some different opinions from my peers.

I also do property management for work, so I can definitely help you out as well if you are needing it fully leased.  

Louisiana is changing their tax sale laws now as well, killing my tax sale business that has done very very well over the last 15 years.

Nobody’s going to pay $850k cash for a chance to earn $50k (if they run it as well as you.)

I think your best bet is to go with a Correspondent Lender like we are because we can get you multiple offers to ensure you get the best rates and terms available for your scenario.The best lender is going to depend on the qualifications of the borrower, the property and tenant type as well as some of the specifics of the lending scenario.For the Borrower:1.

@Noelle GeetingI'm a fellow investor in Mexico and I own in Playa del Carmen as well.

I am in Pinellas County as well and lately Holiday and Crystal River has been a hot spot. 

The heads-up is much appreciated, will have to dive into their videos online as well, once I make the switch. 

@Josh DeeverTo invest in Dallas, look for areas that are growing well, have fair prices, and are safe.