Also, the suggestion of your attorney to lend to your business needs to be examined.

The Unlicensed Activity Program within DBPR exists to serve the state of Florida by vigorously examining compliance issues, comprehensively educating consumers about unlicensed activity and thoroughly investigating complaints against unlicensed real estate professionals.DBPR relies on complaints from both consumers and licensees to help identify suspected unlicensed individuals.

So get sales info via agents etc and find the hottest selling zip codes (highest sales #'s), examine those areas and buy there.Schools make a big differencePolice and fire numbers/new stations/availability/visibility make a big difference---- Or when buying in a small town just make sure the smaller town wont dry up anytime soon and that demand out strips supply.Not sure there is a sure fire way to tell that in my smaller town - really just takes boots on the ground at some point.Jeff

It seems too high based on what I have read here but I don't know what all to cut out.Title Insurance plus Binder Fee - $74Wood Infestation Report -           $100Appraisal Fee (wtf)                       $425Title Search Fee                           $175Attorney Fee/Title Examination    $500-650Deed Recording                           $57State Tax                                     $82Total is $1,562 which is much higher than the $500-$600 I see quoted around here.

(If it isn't yet apparent, I'm trying to build up my nerve to attempt a spec build on an infill lot - the one I mentioned to you at the luncheon Andrew - and am pretty sure I'll need a zoning variance approval, along with the permits.)

It helps to put my nerves more at ease. 

The main thrust of my original writing was intended to address home affordability, which necessitates examining household income (i.e., the aggregate wages contributing to per-unit rents).

That being said, I can appreciate your concern and want everything to work in your favor without an obvious turnoff.This is a good argument for both testing as well as collecting competitive mail pieces for examination and critique.

Let's examine the beauty of making money in real estate using this creative way.

Never use income projections from the seller or a Realtor, you can only use fixed expenses of the owner after a close examination as your position will always be different than the current owner's.