Hi All,I am planning to invest in a house where rent vs own ratio as below:Rent 16% & Own 84%Is this a bad thing that there is only 16% of the people renting or is this a good thing as there is less people who rent so quality of tenant will be high ?

Hi Jodie, I'm a fellow Orlando agent with similar goals, sounds like a great plan. 

But there are nearby areas that could work very well. 

Are you planning to invest only in your local market, or are you open to exploring opportunities elsewhere as well?

The picture shows the house looks clean, well maintained, and like it would be a perfect rental.

I’m active duty Air Force as well with four properties.

I'm planning to purchase an investment property and would like to understand the typical down payment requirements.

What doesn't make sense is walking into a room of experts and saying I don't know what I am doing, but this is my plan, what do you think?

And would have to pay the gain tax as well as recapture of depreciation on the property.

We can give suggestions here, but you're at the point where it is 1,000% worth it to schedule a planning meeting with a professional.