Here are some tips on how to cut costs and keep your property above water!

@Philip Cook -- thanks for the tip!

My goal is to build a small hotel or rental complex right after.

@Brian DanoYou have to be careful when visiting places like H&R Block, Liberty, etc as they are run as a 'franchise' and normally owned by a CPA or EA who hire those with little experience to help prepare tax returns.You can check out the craigslist hiring section and you will see ads for H&R block hiring and mentioning 'no experience needed'.Below are some tips to find a Local CPA that specializes in real estate1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.

Let me know if anyone has any tips.

Any tips for rental property investment in Miami?

What are some tips and tricks for a newbie like myself?

I am trying to convert hotels (high cap rate) to multifamily (low cap rate).

Any tips for newlandlords starting out?

It is definitely a worthwhile pursuit but you have to remember you are running a mini-hotel service and is definitely more management intensive.