Rental homes - especially paid for ones - are a good retirement supplement, or even plan if you have enough of them to offset vacancies & expenses.

In your case, you are probably better off buying a break-even deal in Tampa then a deal with $200 cash flow OOS.

I will use the 2 weeks off I have every month to researchI have owned a rental property in the past and it was extremely lucrative for me, and I didn’t even know what I was doing then haha! 

Construction could take a year, with permits stretching up to 15 months, a timeline that’s still attractive given the return potential.For developers seeking even bigger returns, a lot split project might be the way to go.

Maybe you implied the underlying conversion of 1245 recapture into 1250 recapture, but this was not articulated in your example and was not even your point, it seems.

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.

I purchased an STR a little over a year ago and my goal is to make it the best STR in our area before I even consider purchasing a 2nd STR.

MF even on duplexes is often way overpriced. 

Here on north side Chicago I even have out of state clients self managing.

A risk with lowballing is another investor comes in with a reasonable offer around the same time and Seller doesn't even want to ask you for another offer.