This lowered my cost basis per lot by 7k.

Or if you want a lower monthly payment, then do the 20% down.You can also negotiate credits with the sellers to use towards your closing costs or rate buy down.

Maybe that is gross profit when you sell it, but what about the cost to build it?  

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I personally do not prefer to hold high cost SFRs as LTR investments.  

Palm Coast might not have the flashy reputation of Miami, but there’s a lot to love in that area’s growth potential.I’ve been around the real estate block for a few decades, and one thing I’ve seen is that luxury rentals can thrive when they’re more than just “pretty”.. they need staying power.

Costs before that (during remodeling) are added to the basis.2.

They have cost my business tens of thousands of dollars and countless wasted hours of follow ups and missed opportunities.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

Don't know how much renovations will really cost, again, either PM or GC conversations.