Any other tips for a new real estate investor?

All real estate transactions, whether purchase, sale or rental, prices are determined by market supply and demand.

So, I make more money by reducing vacancy/turnover and having fewer tenant issues more than by collecting additional income from the pets. 

If you choose to work with an attorney for your 1031 whose experience is limited to a few 1031s a year (even though they may have a vast real estate background) you'll likely not get the economies of scale and a competitive price for your 1031. 

What looks good on Zillow does not always look good in real life or just from a weekend trip.

That will add a ton of traffic, real estate and tourism which Helps Fort Meyers as well.I am up in Pinellas County by the Gulf beaches but one of my offices in down your way in Miami which has become way to overpriced.

This type of retirement plans allow you to purchase real estate with your retirement funds, the asset would be held in the IRA.

High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06% 

This, however, changes not only from county to county but also by neighborhood, zip code, school district, etc.Another change we are witnessing in real-time is increased seller’s concessions, which can go towards financing closing costs or buying down the interest rate.

So for that I need income.