The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.

We just finished up our last project in OC and looking for our next flip, preferably single family.

Very exciting you are looking to get into the RE investing world.Thanks for the interest in Rent To Retirement.

Hello everyone, I'm new to the group and I want to say hello to you all.

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

The tax savings could be larger than the regular income. 

You would basically offer the same set up utilities but you would have a residual income monthly by renting the plot to the owners of the space. 

Please keep in mind investors, not every deal that you place under contract will close - that's just the nature of the beast when it comes to investing. 

We are currently working with our lawyers to take next steps and get our money back along with damages due to wasted time and investments we missed out on along with other people who they have done this too.

If we price it for what the comps show, then they are typically coming out of pocket every month.