All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

We just acquired an existing duplex in Fort Lauderdale and planning on tearing it down and build a new duplex instead.

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence. 

Current Tenants- would some want to expand into units next to them, knocking down wall, etc.7. 

@Anthony MillerYour property management experience is a major advantage as you start investing, giving you a head start with tenant screening, lease agreements, and maintenance coordination.

@Jay Hinrichs yes to my knowledge there are other states that changed regs.Off the top of my head.

It boils down to which platform's processes and support works best for you.

Our team buys the properties and converts them and manages them so it has been a great learning experience seeing all three phases from taking down a project, renovating the building then managing the lease up.

And depending how it goes down, maybe I counter there counter just for the fun of the sport, all depends.

The rehab expenses don't line up but they are not stealing, I would suggest having a zoom call or sit down with their PM or account manager to see what is not lining up and where you see issues compared to what they have on their sheet.