When you invest, it is a good idea to have a 5-10 year hold horizon that you are planning for, not just looking at the immediate situation in an area. 

Because the interest rates were so low, I was able to keep the same mortgage payment cost we had before but for both houses with a shorter term! 

I have lenders that I can point you to that would likely be able to give you a better product that will pay off that primary residence loan, or restructure it into one that doesn't take so much long term value out of your equity.

To answer your questions- 1) How are the townhomes/condos in terms of appreciation? 

There are a few special circumstances where you could have more than one FHA, but not usuallySo you can buy FHA and then later buy a 2nd property Conventional or vice versa - but your 3rd and subsequent properties could not be FHA so long as you're holding a previous one.

Focus and consistency are going to be your best friends.Also, I wouldn't tackle buy-and-holds right now unless you currently have a high cash flow revenue stream in place.

As a investment property lender we saw a lot of success with flips but an even bigger jump in BRRRR success with borrowers holding as long term and short term rentals. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Both strategies—flipping and long-term holds—can lead to financial freedom, but the key is to be realistic, patient, and adaptable.

Thanks in advance,Keyshawn Good morning, the Destin market allows for short term, mid term and long term rentals depending on the area.