All Forum Posts by: A.S. Minor

@Jason Scavilla thanks. I'll definitely reach out this week to pick your brain. I prefer texting, too, so that works. Thanks again, and I look forward to speaking to you.

@Jason Scavilla thanks for getting back to me. Yeah, I noticed that people just don't seem to want to sell their duplexes out here. And I don't blame them! I was thinking of moving out to the Deltona area, as I just got a new job there. I haven't done much research into the area, because initially I was planning on staying in Port Orange. Unfortunately, Port Orange is a little more expensive than I'd like for my first home on this journey. Since you mentioned Volusia County, do you think Deltona is a reasonable market? I'd heard that it has been hit hard in recent years regarding foreclosures and things. I'm not looking for a "Handyman Home," though I do plan on doing some cosmetic work while I'm living there.

I am on the path to purchasing my first home. Ultimately, I plan on "house jumping," for lack of a better term. I would like to buy my first home, and after a few years of living there, buy my second home, move into that one, and rent out the first. Then we rinse and repeat. I was looking for advice on whether this plan is advantageous in the long-term, or whether I should adjust it based on the factors below. The adjustment that I am considering is whether I should try for a duplex/triplex for the first home. This was my initial thought process, but (A) I was having difficulty finding them for sale in my area (Volusia County, Florida), and (B) the below information:

My girlfriend is a dog trainer, and her business goals involve board-and-trains, meaning we'd need enough space to house at least a few dogs for a few weeks. That's not the focal point of my investment, but it is a factor that must be taken into consideration. So we have to consider space, of course, as well as any zoning restrictions (she's been focusing on that aspect). But if we were to get a duplex, we would also have to factor in information regarding tenants (allergies, small children, etc). Now, when I do begin this journey, I've kept in mind that this first property is not our long-term home. Our second property is likely to be longer term. Ideally, I would like to continue this jumping until we've accumulated enough properties to pay for our final home, but depending on the circumstances I'm flexible when it comes to which one will actually be the one. 

Obviously there are more factors to consider when combining the idea of a multi family unit with this business plan that she has. So that's my ultimate question: Whether this plan seems feasible with a duplex/triplex, or whether I should just stick to single family homes. We're not looking to have an entire complex of dogs in this first property, but at least 3 or 4 for a few weeks at a time. What are your thoughts on being able to combine her goals with my own?