Hi,As someone that moved from CT to SC, I will tell you property taxes here are very low, you would feel the same coming from NY. the 4% for primary and 6% for a rental, at least in Charleston County where I live, is not 50% more it is really x3 more , but still low compared to NY, so while others from SC may see it as high, you may feel it is a bargain.Not only that, being a landlord here is much easier, you actually have rights on your property, which is not really the case in NY/CT.I read your mortgage rates are in the 4's, expect to pay in the 8's right now, so unless your plan to pay cash, which, I personally am not sure I would do for an investment, many reasons for that, it is going to be very difficult to make money. if you are looking for appreciation rather than income, it may make sense.Hope this viewpoint from someone that moved a few years ago from similar place is helpful. 

I'll tell you how we do it here at CrestCore, and this is the case in many situations.

He was burned out.The Problem is two fold:Cash Flow on Paper ≠ Real Cash FlowMany investors assume rental income will flow smoothly, but that’s rarely the case in high-risk areas.

That's not the case in Japan, where there is so much variation. 

It seems like this is already the case in Baltimore. 

For this case in particular, I think cash for keys or absolving them of past rent as soon as they hand me the keys would have worked better than going through a NY eviction.

I have no idea if that is the case in the area where you building is, but it is something to research and look into. 

Quote from @Bob Asad: So I read that you can keep the last month's rent in your own account because it doesn't need to be separated; however, security deposits cannot be mingled with the landlord's other accounts or business funds.If that's the case (in Florida), does anyone know if you have 2 SFH, then do you need two separate savings accounts for each tenant's security deposit or can you combine them?

@Mike Nuss  well that was not the case in the SF Bay Area.But I really Like FIBI in the LA area I have been guest speaker there many times. and they are somewhat more formal than ( keep it weird Portland) but they do a great job.. and the promoters are really super people. and sharp in their craft. 

@Alexandra Cernasov You might want to check Martindale's peer reviews of Aaron Thalwitzer, Esq before you hire him from Cocoa Beach to handle a case in Marion County. https://www.martindale.com/organization/gordon-thalwitzer-at...