Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

We just fixed up the house and have it on zillow with several applications in 24 hours. 

You didn't mention the higher Florida insurance costs. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

.: I wanted to follow up on this thread because I am getting so much conflicting information on this topic.

A bit about me: I'm committed to learning the ins and outs of the market, and I'm not afraid to roll up my sleeves and work hard.

We have a modest security deposit collected up front along with 1st month's rent and the cleaning fee.

FSBO is very possible in hot markets.. if you already have buyers lined up.. in markets that are not hot your going to get deluged by investors looking to low ball..

While you're double-checking your numbers for the 17th time, a pro already locked up the property, negotiated seller concessions, and lined up financing.The real question isn’t "What surprises new investors?"

We started construction - the building frame is up and now I get a stop work order from city.