In this way, this is what to do with that tangled wreck of chargers concealing endlessly in that one arbitrary work area cabinet.

If you battle with them they can wreck your place or cause you grief in numerous ways.

Is it woodframe or block and do you have one that looks like a wreck to fix up from before 1955 when the wiring was all aluminum and pipes were galvanized and everything is out of Code?

Beaches have tough margins right now, though they have much more appreciation potential.A house doing $150k in the Panhandle will likely cost $1.5M and have heavy seasonality where any major issue during the high season could really wreck your year (if your June or July gets wiped out due to some major capex or something like that it will knock like 30% off of your annual revenue in one fell swoop).A house outside Orlando doing $150k costs $850k + $75k in theming and rents out pretty consistently year round with only a little seasonality to worry about.The flipside is that near-beach land in the heart of the panhandle is a scarce and limited resource, while the area outside Orlando has plenty of empty space for new developments, so if you're looking for long term appreciation over 30 years there's probably a lot more meat still left on the bone for the beach properties. 

Either the tenants are wrecking the place a few months in or the PM firm has to fulfill their handyman's hours. 

@Brent Coombs these individuals who are going through foreclosures will have their credit wrecked and working out a short sale will be less of a hit on their credit score.

Florida Insurance is a wreck, Good Luck! 

& all he did was lend his auto to a friend who drove drunk then wrecked it causing significant injuries to the passengers.

Sounds like a train wreck. 

In summary, basically I HAD to purchase my first rental property despite the crappy ~$11k roof or forfeit my deposit but I'll never make that mistake again and it ended up working out (because a bad hail storm came through and wrecked the roof even worse and insurance covered it) :)