This is the usual train of thought most people have before buying their first property:
“One of my goals is to one day own where I live. That way, I won’t have to keep paying the monthly cost of the rent. Instead, I can be making my own mortgage payments. However, relocation for work then does become an administrative nightmare, so maybe buying my own home isn’t the most practical.”
There are great reasons to buy an investment property to rent out. Compared to buying your own home first, investment property has the benefit of creating an income stream.
Below are other good reasons why buying an investment property in Tampa, Florida before your first home is more reasonable in the long run.