My name is Erik Stratton and I currently live in Mililani, Hawaii (island of Oahu). 

I live in Long Island. 

My mother and I have been renting a home on Long Island for the past decade.

@Dan SagerHere’s what I’ve been hearing for your standard 900-1200 SF row home here in PhillyGuts assuming no structural, no digging, finishing basement, HVAC, hardwoods, island or wrap around bar counter space, quartz/granite, recess lighting on first floor, add a full bathroom in the basement:For B class (ex: west Germantown/mt.

I have narrowed down that I would like to invest in one of the towns along the Vancouver Island coast, between Duncan to Courtenay, as well as Langford (or a smaller municipality surrounding Victoria), Chilliwack, Prince George, or Powell River coast area.

Just a stone's throw away in Cape Coral you have the "Seven Islands" coming to completion. 

The Rio Grande Valley includes the following areas: McAllen, Edinburg, Pharr, San Juan, Alamo, Brownsville, Donna, Harlingen, La Feria, Mercedes, Mission, Port Isabel, South Padre Island, and Weslaco. https://riograndeguardian.com/edinburg-is-now-the-12th-faste...

My only concern from a financed investment standpoint is if a major hurricane did directly hit the island then we would be at a complete loss with no insurance to replace the investment.

But I want to cash flow more somehow in thousands  not sure on your capital funding for Miami but if you have the capital and backing I'd look at development for STR towers in the 50-100 unit range. you can get lots around 1.2 million that you can go 12 stories on with structured parking in Wynwood right now that you can build a 15 million dollar asset worth 30 million. you can do the condo exit or hold it as apartments and permit short term rentals. there are some great articles about short term rental occupancy. miami has 22 renters for every 1 available apartment and has the #1 net migrations in the state of florida for cities and florida is the #1 net migration state. it is land locked and developer friendly. it's under built.

I’m new here and looking to break into real estate.I’m currently living in Long Island with my home and I’m thinking about moving to Jersey where it’s cheaper but I don’t think I want to sell my house in Long Island.One part of me wants to rent my home and turn my home into an asset but the other part of me wants to sell it take the profits and run and reinvest into the market in Jersey where taxes etc are drastically less.I’ve had my home for 2 years now and I’m pretty sure I can get well over what I paid and have profits.my other concern is that ny is a tenant friendly state so if my renters stop paying I’m left paying the mortgage here and My new location.Any ideas or suggestions?