Yes margins are smaller but if its that easy to get in and out of deals and I never have to make a rehab checklist or manage another rehab on a daily or weekly basis then I'm happy.

I mean what could go wrong with no trucks to move supplies and food in a state that large......? 

Investors who have been doing this for a long time have a differnt view point than their newer peers.It's almost like Maslov's hirachy of needs - once tha basics are taken care of (food, shelter,..) you have higher aspirations.

They pretty much haven't been in the place for the last 2 months (water was shutoff in December last year), there is still food in the fridge, the microwave is growing its own forest, trash everywhere, food everywhere, the walls/carpet are just... nasty, and I won't even describe the bathrooms...

Notify the tenants and have them make sure they are not leaving food out.

Just some food for thought.

This home is in a great area within walking distance to an elementary school, a middle school, (both great schools) Whole foods, and the list goes on!

I know personally quite few Sec.8 Tenants who drive nice cars (Lexus, Jeep Wrangler), take vacations, enjoy shopping in high end malls......they work for cash and have free health care, food stamps and Sec.8 Housing.These are not legal reasons but that's not what I believe I should do.

Does anyone know how much older and newer office spaces rent for on monthly/ daily bases in Brickell?

I once had a call saying half the refrigerator isn't working they refrigerated all the food in the freezer while waiting for a replacement but normally the fridge is a complete failure and tenants are not that flexible.