.** Slight bias against Florida due to anticipated stress and anxiety of watching a hurricane hit your vacation home annually, ha.

If you're anticipating big income one year, you could have up to 3 property tax payments in 1 year (January, June, December for the following year)!

So you may need to come in with a lot more equity than you anticipated.

Someone with some good experience, I would anticipate 10-12% interest only for 6-12 months with varying degrees of lending to ARV.

Again, the BiggerPockets store has some books for this or you can learn by watching podcasts, reading blogs, and interacting on the forum.

Older, less luxurious assets are now pushing north of the 6% threshold.With a significant stake in the $4.5 trillion commercial real estate mortgage debt, the multifamily sector anticipates a modest increase in loan maturities this year, with obligations of $255 billion and $243 billion in 2024 and 2025, respectively.

All interaction with tenants (including paying rents) and paying of contractors would be taken care of by the S-corp.

Do you anticipate a major expense like new HVAC or roof soon? 

Some areas of interest are: is the property going to be harder to sell, what kinds of issues should I anticipate, has anyone ever dealt with this before, etc etc.

Also helps you build your network by interacting with buyers and sellers on a regular basis.