.🛍️ Retail Sales Cool in September, But Yearly Gains HoldAfter two strong months, retail spending slowed in September — but annual sales remain healthy, led by online shopping, sporting goods, and apparel.📊 Bottom line: Consumer spending is still holding up, which helps keep the economy afloat — but softer data like this supports the case for lower rates ahead.📅 What’s Coming Up This WeekWith the shutdown still affecting government reports, inflation, retail sales, and housing starts are likely to be delayed.

Myth 1: STRs create huge tax lossesActually, healthy STRs are supposed to be cash cows.

Final ThoughtsHilton Head’s condo market isn’t “booming” — it’s stabilizing, and that’s healthy.

Rather, I would have stuck to just one or two that actually had strong, healthy, sustainable numbers for the long term, rather than going for a large portfolio.

To date, our combined projects have yielded 320 preliminary plat approved lots across 101 total acres in three different counties and have generated a nice healthy return. 

2) You mentioned costs other than mortgage being out of pocket - what are your reserves and how long will they cover the costs you project with a healthy contingency?

Huge red flag I own seven properties. 40 Grand would be a healthy down payment for myself.

Not to disqualify myself, but if I can get a good review on the difficulties of this program, then I might feel safer to purchase it, not thinking that it's just being sold as this all perfect program.That being said, I'm hopeful to get involved with these people and the community and mentorship they offer, and hope to find someone who has a not so good experience so that I can get a healthy review of what is to come.

The idea that Any real estate that has normal cash flow type debt I E 70% LTV loan is immune from owner being wiped out is simply NOT TRUE..

PetePros:You lock in your own housing cost and start building equity.If your job situation changes, you could convert it to a rental later.Florida still has solid long-term appreciation potential.Cons:With your budget, you’ll likely get limited cash flow - and might even go negative after taxes, insurance, and maintenance.If you move, managing or selling could get tricky.This route makes sense if you’re certain you want to stay in the area long-term or you find a home that could double as a strong rental later.Option 2: Keep renting and invest out of stateThis is the path many people take when local markets don’t make financial sense.With $100K, you could easily get into a few cash-flowing rentals in affordable markets - like Memphis, TN, where I’m based.Here, homes in solid working-class neighborhoods still trade in the $100K–$150K range, and rents often fall between $1,100–$1,400/month, leaving healthy margins even after property management and expenses.If your goal is to start building a rental portfolio, investing out of state now might actually accelerate your path to financial freedom more than locking all your money into an expensive primary home.