From Florida's largest insurer - as well as the one of last resort, Citizens Property Insurance:  "When a roof replacement is required, and a coating or sealant is used in lieu of roof replacement, the risk remains ineligible for coverage." 

One question remains: how will the "over the counter" tax liens that did not sell at tax auction be processed?

While your $5 out of pocket cost remains exactly the same.

There are also some odd ball programs out there that will allow you to do a 2nd DSCR HELOAN to get some remaining equity but the property must still debt service 1:1.

Returns remain down, and cashflow opportunities are harder to come by.Top Brooklyn neighborhoods for small multifamily opportunities:East New York: 35 DealsCypress Hills: 33 DealsBedford-Stuyvesant: 22 DealsEast Flatbush: 21 DealsThe BronxThe Bronx featured more new listings compared to 2023’s first half.

Tax appraiser accidentally removed the husband from title around 2022, HOA then foreclosed (Florida, HOA can foreclose and first mortgage lien will remain in tact).

Demand remains strong but even on peak dates with every park full the parks can't pack in enough people to fill up all the houses.Both Universal and Disney are expanding (Universal sooner) so that will drive up demand even more, but the problem is there is endless land out there so supply will always have a chance to catch up if developers get wind of new demand.That's why, at least for my own purchases, I'm focusing on areas with limited buildability where supply can't just scale in lock-step with demand for eternity. 

Once the remaining 3 units are occupied, the projected monthly gross income will be about $7,800. 

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

The downpayment is 25%, with the seller financing 60% of that and me covering the remaining 40%.