The Fair Market Rent (FMR) on the HUDuser.org website is the Median Rent for the are based on actual rent surveys. 

Since you're in Florida and the laws are much more fair, I'd be willing to take a chance if his background/credit check came in clean. 

Get the remodel done, pay people fairly, and get out of HM as quickly as possible. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

It’s priced what would seem like very fair relative to comps in that same neighborhood.

The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.

My first duplex Brrr gave me and my wife over $300k equity fairly fast while also allowing us to live at very low cost in an extremely desirable area. 

Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely replace my carpet after a tenant with pets moves out.

Regularly review your property's performance, and if the ROE dips, explore ways to extract and reinvest the equity to maintain your investment momentum. 

Therefore, if you have a variable interest rate mortgage, you must budget for fluctuations in the financial market.Maintenance & repairsBudgeting maintenance costs is vital to maintaining healthy cash flow.