I'm not sure where you can make 10% gross yields in Miami or any gross yield close to that unless you go for short-term rentals but I'll leave people who know that market to comment on that part.I love investing in Spain, especially in the Costa del Sol, which I call the Florida of Europe although most call it the California of Europe, alongside Portugal's Algarve.

I'm definitely listening to as many podcasts, watching BP youtube videos, searching the forums for specific topics and of course connecting with those who are already in the game. 

I'm closing shortly on a $2M ground up new construction co-living concept (Class A), where the tenant base will be all on MTR leases from 30 days to 180 days+, targeting the demographics that you mentioned above. 

If between the 4 of them they can't get the deposit and 1st month's rent together this close to move in, they are going to have problems down the road.

I want to take the next step whether its partnering or even just watching how a pro does business.

Hello everybody I’m getting ready to close on my first property.

My wife Karolyn and I started Real Estate journey in April 2021 with bigger pockets, and we have since closed on 75 doors, Multifamily and Single Family.  

I partnered with one of my close friends who is a contractor.

Buy wisely and watch the budget and you should have instant equity. 

After closing costs and any other fees, you're losing money.- Worst case scenario, $150k purchase, $40k rehab (or more), $170k value, you're losing a lot of money.IMO, I would pass and look for better deals.