Unfortunately, the cost to get into the real estate game down in Florida is just way too much for a first timer in my position.

It's tougher to get cash flow upon move out these days but if you're patient, willing to do some work, or live in lower cost/fringe areas you can make it happen or at minimum put a serious dent in your housing expense which is still a win in my opinion compared to renting or buying just a primary home.Also if you're a bit short on cash, make getting a seller credit part of your financing strategy.

Coming up with half the cost or maybe if you have two partners 1/3 of the cost is a lot easier than all of it.This all sounds great, right?

@Nick RichardsI agree with most of what you had to said and gas prices will effect my budget.

Also, keep in mind factors beyond the down payment, like closing costs, potential renovation expenses, and the need for property management.

Has anyone found a more cost-effective alternative that can match CoStar?

For what it is worth I had a client cost seg their AirBnB in Gaitlinburg and it reduced their taxes owed by 26K. 

The better option is for the Seller to pay your closing costs.

That gives me additional income and offsets the risk of loss if I have a longer vacancy once they leave. 25% sounds like a lot, but consider what it will cost them to find another rental in the next 30 days that will allow a three-month lease, plus the cost of moving, setting up utilities, etc.There's nothing wrong with trying to help out a good tenant, but don't hurt yourself in the process.

When you do repair cost do you do minimal repairs or upgrades?