Did you use a calculator or spreadsheet, or did you simply work out the math like rental income minus PITI, 8% for CapEx, 8% for vacancy, and 5% for repairs?

A good friend of mine in Tampa got his claim rejected for “pre-existing” damage, but because he had photos and videos taken just before the storm, he was able to prove otherwise and get his claim approved.File Your claim Immediately:In Florida, you have only 7 days to report a claim after discovering damage, so move fast and keep a detailed log of every interaction-every phone call, email etc.

You may also be able to simply QCD the property in your LLC but you run the risk of the current lender calling the note due because of the transfer. 

When I talk to sellers, I simply asked them when do they want to close.

I mean drive up and down the Eastern part of the state until you find an area that has not been completely discovered.

When you rehab there is always some can of worms that pops up when you open the walls - the more you squeeze out of the contractor on a line by line basis the more they will up charge when that water line no one knew was there is discovered in some wall it shouldn't be in or the electricians on the original build decided to run the entire houses circuits for the ground floor and second story thru some ugly soffit in the kitchen that looks like it's there for no reason. 

Overall, it was good to me, but it was certainly more work than market rate tenants, simply because I effectively had small turns every year with the inspection repair lists.  

I'm not simply just gonna put down direct mail either.

That is often the most difficult first step for investors, is to simply get started. 

We thought about fencing/gating ours and making a community or just simply adding garages if it doesn't get too pricey.