If you have any cap ex left in Palm Bay (like an HVAC major repair or roof) you will lose cash flow for years.

However, my family member has been very kind to me, and I do not want to hurt our relationship, so I'm fine with losing 15k.

Our construction site will just have basic utilities turned on and no wifi.

I attend some of these events myself in CLE, and I usually find them on that site. 

My original purpose for joining the site was to understand why investors often get into trouble with their investments. 

I signed up for something on Ron LeGrand's web-site (the free access portion).

Now the house has been sitting vacant for over one month despite PM putting it on zillow and other sites.

Talk to the seller, but options are to cancel the sale (and risk losing your deposit), renegotiate to lower the price to allow you to fix the problems or ask them to fix it. 

Here’s a breakdown of some of the information you may need to provide for a cost segregation study.For existing buildings:List of equipment on the propertyProperty settlement stateAny appraisals or purchase/lease agreements Property maps or blueprintsSchedules, change orders or documents for future renovation plansSupporting documents for calculating real property book valuePrevious purchase price allocations that separated assets into their appropriate allocation and valuePast site inspections and photographsDocumentation that proves or records deterioration of assetsFor new construction:Contracts or contract paymentsLand and property sizeBlueprints of projectList of equipment involved or purchasedList of projected costs including costs for land developmentApplicable site inspectionsConstruction schedules and payment requestsPhotographs of completed assets or work in progressCost segregation specialists typically have an organized plan for the collection and analysis of the information provided.

With an average monthly profit of about $1,175 after expenses, it’s proving to be a strong investment.If your parents sell their home and want to move in, you’d need to weigh the trade-offs—losing that steady revenue vs. the stability of a long-term tenant.