We don't need to "make homes cheaper", we just gotta remove the barriers and special interests that support monopolies, limited competition, centralization, corporate over private, and take things back to middle America, small business, main street over wall street. 

Is there a limit on how big it can be?

We now have rentals and flips all over NE Florida and aren't so limited but that came with more experience and learning more about those surrounding areas.Would love to hear more about what you and your husband's goals are with investing!

Those that do, typically will limit it to very small projects.

Are you in the county, in the city, or in the mile limit for the city?  

Many investors hesitate to start their next fix-and-flip project due to barriers like limited funding, uncertainty in market conditions, lack of experience in estimating renovation costs, or fear of unexpected delays and expenses.

You can roll the cost of refi into the refinance itself which will limit what cash you pull out. 

The question is, what measure would you advise putting in your contract to help omit any ambiguity within the investor contractor relationship? 

I have found excess service calls to be very rare and they have been limited to tenants that were already known problem people (usually people with some kind of pretty obvious personality disorder).

Then we see if the current tenant later decides to extend or we list the limited open period, often at a slightly discounted rate.