Its ironic Brian and I's backgrounds mirror each other ... other than I am about a decade older LOLWe both have strong North bay Ties..

Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.

@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".

Hey William, what about adding another partner that has experience doing larger deals? 

Me and a partner are currently finishing up a turnkey quadplex to put on the market next month in the Kenmore area!

If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."

I’m always open to learning and building strong, mutually beneficial relationships in this space.Looking forward to hearing from you! 

It may be best to partner with someone that has done one before or somehow is a local expert on lot splits.If you can add a bathroom into existing space on high cost property it can add a lot of value.  

If you can't perform to the new standard were setting, I strongly suggest stepping back and hiring one of us who are setting this new standard. 

Yes, several professionals and great partners in the industry.