Less risk if you use a data-driven approach, and a great way to get a feel for the numbers before you commit to owning.

Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?  

The claim that 15% or 18% of Florida residents are planning to leave the state may be exaggerated or not fully supported by data.

TurboTenant does digital signatures for leases and other documents, condition report templates, automated and one-time ACH transfers, chats with tenants (so there is a record... just in case), and lots of other great stuff.

In most municipalities you will still be required to pay transfer taxes equal to the properties assessed value even if the property is transferred for a nominal amount plus deed prep and recording fees.

The breakdown of the economy and the next ten years was fantastic, with graphs, charts, and data for the nerds like me.

Please assume the loan is transferable/assumable, I'm still confirming. 

I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

I have looked at a warranty deed transfer or a quitclaim.

I’m  sure there are outliers, the data just doesn’t support it from what I’m seeing.