BRRRR - $100K Check in 2 years! Panama City, Fl.

BRRRR - $100K Check in 2 years! Panama City, Fl.

I purchased a 7 unit property across the street from St. Andrews Bay and within a short bike ride to downtown St. Andrews. There was a boat launch and a county park 100ft away from the entrance, and the property had alley access. The tenants in Unit 4 were dealing drugs to the tenant in Unit 1. With the majority of the inherited tenants gone, the place began to look/feel much cleaner however the outside was not on par with the inside. The higher end units we rent nightly:My down payment was $50,000 leaving me with a $150,000 mortgage.

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