This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.

Your remarks indicate a position - like maybe you run it.

This revelation prompted me to reconsider the purchase, as it indicated financial instability and substantial building repair needs.

My market analysis indicated we could rent it for $1,000-1,100 over the mortgage. 

@Jonathan Miranda - it would be helpful to know where you are buying/are located (your profile does not indicate...), so that someone more familiar with your area can comment.  

.🚄 Construction activities on I-15 near Las Vegas indicate progress on the high-speed train project between southern California and Las Vegas, with nighttime work focusing on geophysical and soil testing.I hope you’ve enjoy this month’s newsletter.

There doesn't seem to be a lot of MTRs (rooms and entire units) in the area just based on initial searches on Airbnb and Redfin, but I understand this isn't the only indicator of demand.

David Green at BPCon 2023 indicated his accountability group had annual cost of $50k with min net worth requirement of $20m.  

It needs to be a short A cost segregation study breaks down the property into smaller components based on their useful lifespan, indicating what can be depreciated on an alternate schedule.

Also, a better finish to the rehab would not necessarily indicate a higher market rent.