But if that's what it takes to sleep at night, it might be worth it.The one catch to that is that real estate is not your only option of investing.

I get what you're saying because in some way we're wondering what the 'catch' is in the deal.

I know building a reliable local network will be key, so I'm hoping to connect with experienced real estate team in the area.The military presence in Jacksonville catches my eye, and I'm particularly interested in properties that might appeal to military personnel and the associated contractors.

The catch 22 of being accused of brokering without a license vs. being accused of taking a net listing as an agent still exists.

I would just cap it generously to only catch abusers and figure the normal running costs in your rent. 

So when it comes down to property inspections and appraisal what will or could happen when they catch the illegal bathroom and finished rooms?

Curious what’s catching your eye.Thank you! 

Recommend:1) Speaking with a landlord-tenant attorney about your options2) Keeping an eye on the property -> ask your old neighbors to do so if you are too far away.3) Try to do a surprise visit to catch who else may be staying there.

I don’t know how 2 people got 3 homestead exemptions but that seems like something the local taxing authority could catch pretty easy.

Knowing exactly what’s happening with the duplex—rents, repairs, tenant feedback—can help you catch issues early and save time, stress, and money in the long run.