The other component that makes me nervous is how fast properties have run up over the past 3-4 years and will that leave any appreciation for the net 3-5 years?

Goal is to find first deal defining the systems and KPIs, then scaling spend from there.I appreciate any thoughts or constructive feedback!

It sounds like you have already defined your investment strategy using the BRRRR method.

It may be market dependent, but there are very few areas where zip code would be the defining factor in location or market area.

Defining the class of the neighborhoods is the tough one to start that grade C out for...I have some clients unused to the mid-west who are used to high-end suburbs who consider our better areas a B- area.Personally, I classify the C- anything I verify I have easy access to my spare magazine before I enter a vacant property.

Can you define what High IRR means to you?

Could someone either give me an estimate of average lifecycle for common components of a house within Florida, or recommend any local contractors that could give me an affordable inspection report?

Also, trying to define how and when the word turnkey is used here on BP is like trying to get a picture of Bigfoot. 

It'll be way easier to define your success criteria and create your team. 

Which specific area you thoughts are inclined .. simply saying define your Buy Box 3.