We got SUPER lucky every step of the way but I knew it was luck saving us from the red.

So, that left Andaloro between a rock and a hard place:Continued: https://www.biggerpockets.com/blog/landlord-rights-are-being...

In Wisconsin the Rock Co area is a good market right now.   

Surely this has to be a red flag?

In looking at the allegations I'd say the primary red flag is the use of the word "guaranteed" when discussing returns.

My main concerns about Florida include: Chinese Drywall (very toxic; found in older homes); HOA Restrictions; Lots of people/crowds; sinkholes (properties sinking into the ground); Red tide (dead fish found on beaches due to algae bloom); Homeowners Insurance costs (w/older roofs); Mold; Hurricanes/Flooding , New construction (not always built to quality)... these are the most common issues found in the Florida market.What zip codes would you recommend for a single family investment property under 300k to mitigate these concerns? 

I live in California and am investing in the North Little Rock and Jacksonville areas.

A few brokers in my office have tried but the red tape and time intensity has either killed the deal (seller got fed up after 90 days of escrow) or the property did not qualify. 

You rock, your already a winner.

Quote from @Dav Pohote: Quote from @Alex Hunt: Commercial loans are much more lenient than conventional and a lot less red tape.