Hey Jacob,I started with house hacking before moving my money out of state.

Hey everyone,I’m running into situations where certain real estate deals — especially auctions or time-sensitive opportunities — are moving faster than my funding can be secured.

Yes, one of the biggest lessons I learned was that if I don't take time finding the right team members, I'll just be adding extra points of failure to the project.

I would also aske for contact information for your team--attorney, insurance, contractors so I copuld help coordinate all angles and hit this project from all angles.   

Smart move@Jonathan Taylor Smith!  

Thank you,-Matthew  I would try to visit these places and build out a solid team

Conversely, if you don't have much capital, you will likely be looking at a path that requires more "sweat equity" from your direct participation in the business.Finding a team either locally or out of state will be a great first step.

Mid term is a great strategy for first time landlords. 1) typically rents for 50-100% more than long term  2) less wear and tear on your property since furniture is not being moved in and out 3) low stress with great tenants since you are hosting business travelers and relocating families that stay 90 days on average which is only 4 flips a year. 4) can be easy to self manage alongside your sales job. 5) process is similar to long term with tenant screenings, leases and rent payments. 

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Smart move focusing on non HOA near UCF, student demand is solid and ADUs give you options.Couple quick tips:Definitely find an investor minded agent — I have a couple investor friendly agents I work with in the Orlando area.