Doesn't mean it's a bad deal.

"Previous leases had a 3 day grace period and it lead to too many evictions"Late fees do not lead to evictions, Bad tenants and unqualified landlords are the cause of late payments and evictions.

Unless you plan on making real estate your career, I would stay in Miami and work a bit and save as much as you can.

If you have a solid process and enforce it, bad tenants will either straighten up or get the boot.

I am a newly commissioned 2d Lt and my goal is to grow enough financial freedom, for myself and my partner, after my military career, or as a financial backup for my family in the case something were to happen while serving.

Not to mention the fact that marijuana use in teens, DUIs, violent crimes and armed robbery have all declined in states that have legalized pot in some form or another...... not that were discussing the social ramifications.I could continue to rattle off talking points but the TLDR is: depending on who you speak to the marijuana industry gets a bad wrap, in my humble opinion its nothing short of a windfall for states that have embraced it....

PM) network- Risk toleranceand so on.And there are those that avoid residential like a bad cold and stay strictly office / retail.It can all work and it can all go horribly wrong.

Why a lender wouldn't take the time to spell out for you what I just did and also give you a loan cost estimate to give you an idea of costs and interest rates at the current moment, is beyond bad service.

@Adriane Gasperetti Riverside and San Bernardino Counties have some great opportunities for rentals in good and bad markets, have to agree with @Krystle Padilla as well regarding Yucca Valley, YV has been great to me for multifamily holds over the years. 

I'll start with "the good" and then move into "the bad."