Although the Burnt Store areas are seeing somewhat sustainable demand for owner-occupied properties, we're currently still not seeing enough support for activities that would draw tourism into that area.

Would depend on the full situation though if that would be possible.

That’s the key benefit.As for the cost segregation study, whether or not it makes sense really depends on your tax situation.

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?

How do contracts work in this situation?

Hey Marc, this is a tough situation and a good reminder to always have a contract in place for any business dealings.

As far as property management goes, I figured it might be best (in my particular situation) to start with a property manager since I will be travelling for work for most of next year and it would be better to have someone local to handle things for me?  

I was wrong.The situation regarding data in FL is, unfortunately, not the same as other states.

Hey Marc - It is possible to complete the BRRRR process in 3 months, but a lot depends on the specific situation.

.- My Resources / Constraints: I'm in a by no means unique, but perhaps less common situation for those getting started; I'm a somewhat senior software engineer at a tech megacorp and should be able to save a couple of down payments per year for lower priced houses (100-200 in my area), or perhaps one medium priced house (300-500).