Not what you are seeing.A distressed single-family home in the $300-400K range in Austin is older than 1990 for sure (if not substantially older) and likely requires 40-50K+ in rehab to bring above $2,000/month in rent (or more precisely, to have the chance to do that, in an environment with 4-10% vacancy rate!).

@Connor Long - Many people seek to get started in real estate investing as a Wholesaler - but my anecdotal impression of the success rate is that 98% of them never do a single deal.

I'm interested in finding a new insurance office for 4-6 rental properties (single family) in the Orlando area.

My journey began with a simple mission to build a legacy through real estate, not just for myself but to serve as a beacon for my family and community.Today, I run D&D Realty LLC, where we focus on acquiring undervalued Single-Family and small multifamily properties in Cleveland, Ohio, revitalizing them, and creating strong, cash-flowing assets.

Quote from @Matthew Hamilton: There isn’t really a “penalty” for having the property as a rental for three years, but you may lose eligibility for the federal capital gain exclusion if you hold it too long.Here’s how it works:The IRS allows you to exclude up to $250,000 of gain if single or $500,000 if married filing jointly when selling your primary residence, as long as you’ve owned and lived in it for at least two of the five years leading up to the sale.Since you moved out in March 2023, you’d still meet that “2 out of 5 years” rule if you sell by March 2026.

Does anyone know what the per square foot cost is to build new single family homes either builder-grade or mid-grade for the Northeast Florida/Jacksonville market? 

I think your plan is sound to get the multi and then have the ultimate purchase as a single family home, it's a common strategy and something that can definitely be exercised here. 

When I started, I didn’t own a single property.

My family has an unoccupied single family home, 3/2, in Houston (77048) built in the early 1960s that they are willing to give me (transfer the title). 

We have a few single family properties under our belt and our last investment was a new construction duplex, and are interested in leaning into the small multifamily a bit more.