With your wife’s connections there, you’ll also have a head start in building a local network.Beyond Orlando, consider expanding your search to areas like Ocala and Sebring.

It could look like you were attempting to take out profit ahead of a 1031 exchange. 

Would it be braindead to turn them into tenants or should we go ahead and evict them? 

According to them, it could be challenging to find tenants if I go ahead with the purchase.I wanted to get your thoughts on this.

(Always remember that)I’d recommend diving into some BP forums, work with other agents (some of them, like my team have GREAT Off Market Opportunities) for distressed properties — there are also plenty of investors here who can offer insights and tips on improving offer terms, timing, and strategies.Remember that building a strong network of agents and wholesalers in your target market could be a GAME-CHANGER, helping you get ahead of deals before they even hit the market.Keep us updated on your journey!!

And no rush to do cost segregation.B.

Run your company the way you like, but when a company moves away from their founding principles and starts to alienate their core; they usually have some rough waters ahead. 

Google some articles but a tough road ahead.

Just a heads up.So you calculated out you need  $6 million worth of apartments to hit your goal.A commercial loan may require 20% to 30% down in cash, cash reserves, working capital, and closing costs.You will also need earnest money cash.The lender may also require certain repairs to be done Shortly after the loan is made.The lender may also require the Property to be stabilized as far as occupancy percentage is concerned, leaving little on the bone as far as sweat equity.Good Luck!

No more rushing and fighting for a loan during the purchase phase of a property.