Plenty of areas of FL have seen record levels of new supply hit the market which has impacted rental rates, either making it flat for the past 1-2 years or even dropping some.

@Jorge Leon replacement costs are through the roof this year.

The problem is that we have only just started renovations (just the roof so far) and i'm hesitant to post photos of it while it's looking less than optimal.

Age and condition of roof, foundation, siding, etc.10.

@Mak K.Your best bet is to get multiple quotes and do research on the roofing companies.

They would not renew unless the roof is replaced, and liability limits were cut in half.  

Purchase price: $258,000 Cash invested: $50,000 Purchased this 2 bed 2 bath, 1250 sqft home with a .75 acre lot, this was a good BRRRR property, it has the ability for an ADU/Granny Flat on the right side of the property.

Purchase price: $258,000 Cash invested: $50,000 Purchased this 2 bed 2 bath, 1250 sqft home with a .75 acre lot, this was a good BRRRR property, it has the ability for an ADU/Granny Flat on the right side of the property.

I’m thinking either option I pick I would get it in satin finish, although the original seems to be flat finish.

Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.