It's a great market but you need to be liquid and you need to either build your own wholesale outfit or be at the top of the buyers list at 2 - 3 pf the best wholesalers of the area.

The timelines seem very standard for Cape Coral, to be at septic approval/inspection for a year if I read your post correctly. 

I can send a few to you that I will be at this month.

I would get that out right away because it's probably faster than eviction. 

I can't say if they'll beat that rate, but keeping it local has been good for me overall. 

Borrowing from the equity must be done wisely, or you will end up with negative cash flow and be at high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

If you can execute faster then do it.

It also might be a lot faster to get it in rent-ready condition than a new build. 3.

Hard to beat the cashflow that this city can offer.

That 2k you are happy to lose will be at least near the 100k mark soon and will most likely be much more.