I have a point for ponderance in this model. 

My lender says that shouldn't really be an issue, but just wanted to see if this was too good to be true!

By this I mean much larger home do not rent for significantly more than the smaller home in that area. 

If I put all of my eggs in one basket (Florida in this case), paid off property and a hurricane blows everything away, FEMA is nowhere to be found and the insurance companies take years to pay what little claims they actually do pay, I suffer through it in a blown out house.

If you have any experience or knowledge in the Memphis area, will you please share your insight as to whether this is a normal fee breakdown or too much.

Cabinets/trim go in this week and flooring should be going in within the next few weeks.

I think that there are 3 reasons why Financial Planners aren't able to handle this:1.

We finally had to have the police go there and we forced the door open with this mom screaming and crying all day at us as we replaced 8 windows.

Go with auctions?

@Alan Asriants this is accurate and thorough.