We are not tied to a particular coastal market, since we understand that certain areas have higher taxes/fees/regulations/hostility to STR/flood insurance/etc. 

Lenders generally require you to have at least 3 months of reserves or cash that will pay for mortgage, property taxes, insurance and HOA (if applicable).Most lenders will generally lend on 1-4 units and condos.

Nice reminder....I'm not all that :)That 200k profit would get wiped out in closing costs, realtor fees, property taxes, and insurance.

To assume an FHA mortgage you have to be approved as to credit score and debt to income ratio.

I have cross reference the mailing addresses with the county tax records on thousands of records and I would say they are 90% correct and the sale dates are within two weeks of the actual recorders office dates on title record. 

Didn't I just see a proposal that would change STR classification so that they will have to pay 4x in property tax?

I'm a property tax professional (reducing taxes for commercial property owners) living in Northern Kentucky.

Stocks are pretty liquid, BUT selling them triggers tax consequences and the timing of when you want the money for real estate purposes might not coincide with the best time to sell the stock.

At the top end of cap rates, deal profiles that lack a sizeable rent growth story and rely on bank or CMBS debt can find yields in the 6% and 7% range.In October, Faropoint purchased two 1970s vintage business parks outside Newark, NJ, from a venture between Camber Real Estate and Advance Realty Partners.

I am currently in debt a total of about $75,000 and they don't tell you that you should really have funds for the cost of the program and at LEAST 9-12 months because it could be that long for a deal to be closed.