I'm not doing too much in Florida these days, just lightly involved (hands off as an LP) in a multifamily property in Jacksonville. 

If you were in my spot today — asset-rich but income-light — would you still pull some equity to get started, or hold tight until rates ease up?

Hard money and bridge lenders can also hit a two-to-three‑week window if you’ve pre‑underwritten your file and the scope is light; conventional or DSCR usually run 30–45 days.

Since you're brand new, the best thing you can do right now is focus on learning the basics—things like analyzing deals, understanding financing, and getting familiar with different investment strategies.

Obviously, I asked the seller (the turnkey provider) if these issues were fixed.In response, they just sent me a brand-new engineer's report from last week, from the same company as the first one.

I now am an experienced land lord on paper, although I did it with my family business before in light industrial/commercial, and supported a huge private fund with the 35k homes.My weaknesses:1.

How many of those do you need to pay licensing, insurance etc. and keep the lights on

Light rehabs where you can force a few hundred bucks of rent growth are gold for new investors.

Curious if anyone has utilized a strategy similar to this and could shed light on their experience.Thanks!

If you already have reliable local help and can handle light management, the upside and diversification seem worth the move.