Also, the denominator is "initial investment," not "total investment" I just get somewhat wary of inflated numbers that make something look better than it is -- saying that my NWROI is this incredible percentage - but an ongoing maintenance concern/capital expense actually makes the property break - -even or even worse. 

We are working with quite a few renowned developpers and we are specialized in the Bayahibe area, Las Terrenas, and Cap Cana.Properties in Bayahibe have a quite amazing ROI because of their discounted price (as the place is less renowned than Punta Cana for instance), and its high occupation rate (one of the highest in the country).We have a lot of projects with amazing rentability at the moment, feel free to contact me if you want to know more, or if you are curious about the location!

If you search the previous threads you will see Orlando is quite saturated at the moment. 

if you can build at 50% of after value I'd hire you and I build the cheapest of anyone I know in our market and minimum rates. there's 3 builders that build at our rate. only place I can get us to 50% equity is in miami florida and that is new construction that is selling at $1000 per square foot and up and high density 300+ unit underwriting with incredible economies of scale. columbus has lower construction costs but lower exit. we focus on urban core. my best suggestion is look at urban not suburban for higher valuations. you can't control what new construction appraises at so do it in less risky areas. 

LOL Jokes aside, it sounds like it's incredibly difficult to find something with good cash flow in Columbus, so my thought right now is to start in Cleveland for cashflow, then once I build a stronger porfolio I'll start adding Columbus

My plan at the moment is to look for single family residences in or near my home city (Mobile, AL) in the price range of 50k - 75k to BRRRR.

These are incredible insights and a lot of the things I have heard from everyone I have met in this industry. 

Well it DOES make sense in two other important ways:1) it's an incredibly strong incentive to pay your taxes....2) covers the risk that you don't get paid.

They are underperforming rent-wise at the moment, so would be a solid value-add play if you had the capital.Let me know if you have any questions on the Kona market and I would be happy to help out if I can. 

Trying to do as much work myself at the moment until I get more experience with it.