Also have less short higher level overview video: VIDEO: STEP-BY-STEP GUIDE TO FLORIDA EVICTIONSJoin the conversation here to share experiences, ask questions, and explore best practices for managing Florida evictions effectively.

Then you subtract your expenses: (1) Fixed cost: property tax, STR insurance, utilities, landscaping, etc

My CPA isn't well versed in 1031 exchanges and I want to know the effect of transferring title back to our names from a tax perspective. 

How keep it legal of course but more importantly how to do if effectively.

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

Less Desirable Areas: Are there neighborhoods we should avoid or areas where BRRRR might be less effective?

The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

It is very effective in and of itself so it is something that can be done reasonably cheap without taking a ton of time.https://www.greengluecompany.com/

But effective?  

Closing CostsMake sure you also budget for closing costs, which are a collection of fees and payments made to the various parties involved in your transaction.