Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.

Now, are you planning to house-hack and live in one unit, or going full rental?

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

I’m new to the community and I’m planning to start a Section 8 rental property business.

It depends on what your plans for the property are. 

I'd like to accumulate enough properties to cash flow 6 figures, which would likely be a 20 year plan. 

I'd talk to your broker on what it'll sell for after the fact and where the market is heading over the time you plan to own it. 

We plan to scale to 20-30 properties by end of year and was wondering if there's a better platform out there. 

This kind of govt nosiness and overreach is why I initially decided against the financial planning industry before starting in credit. you can thank 2008 and all the fraud that went on for that.