A lot of my clients buying in FL are happy with minimal return but are buying for second homes, tax benefits, etc.I would stick with value add - with refi you can still achieve high CoC and a good equity position. 

Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!

There are many of us that I hate to say, are victims of this Cape Coral bilking.The question is, is there anything to be gained by adding to what appear to be dozens of lawsuits and complaints?

Their loss is our gain.

I'm a CA resident, so gains would be taxed as ordinary income.

This will depend on your risk tolerance and your goals but you should consider starting with a single-family home to gain experience as a landlord and build your network.

Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.

I've been trying to cancel my subscription but the "cancel my benefits" does not work.

Since you have lived in the property for two out of the previous five years you could take the first $500k of the gain tax free (as a married couple).

Any information about land in reference to developing townhomes would be helpful Thanks @William Fuller Do you want to start small and gain experience in your market and then go from there?