A couple other things that I would recommend clarifying is that they will be responsible for the permits, both opening and closing them. 

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

@Ambica Pilli Couple of questions, from 10 units to what's your realistic max?

Miami, as a market, is the pretty primo.Lived here for quite some time & sold a couple months back. 

STR internet guru's seem to be coming out of woodwork the last couple of years.

$800k at a couple extra percent means it’s costing you AT LEAST $16k PER YEAR in additional interest.

There is a organization called Mirror Indy who, IMO, has written a couple of great articles about the IHA challenges.

I was really picky on choosing my first property, I was looking for cheap but nice and after waiting a couple of months and going to many open houses, i finally found this gem, I think I need to be pickier with my properties, so they can turn put Luke this one and cash flow.

I have a couple of agents that I sponsor that does land deals for retail development.

Hello,  i've had couple SFHs in the great Savannah area, including Pooler, Richmond hill.