That’s close to the national average now but with a wide spread.

BRRRR Method: Buy Rehab Rent Refinance Repeat.

The concepts, techniques, investment methods, property management, finance, urban planning, and land development of real estate are the main topics of these programs.

On April 1 of this year, conventional loans (Fannie/Freddie backed) changed the seasoning requirements for cash-out refinances for BRRRR from 6 to 12 months so that threw a wrench in a lot of people with this method. 

I can tell you what my minimal returns would be...and the method and form they take to get there.If I were to put $50k in, all cash, I would expect to get at least $60k in all cash back at the end of the first year...and continue to have that property generate a minimum of 10% ($5k) in cash every year after that.

I'm interested in long term rentals and possibly the "Brrrr" method (just finished watching the Webinar on the "Brrrr" method a few minutes ago actually).

This is the cheapest method and the most lucrative with the money you have in Florida.

By leveraging the tax-exempt market, states and cities can offer lower mortgage rates to middle- and low-income individuals than traditional banking methods.

@Matthew PorcaroI can certainly understand your point of view and advocation for 203(k) loans, however...In my opinion, and feel free to correct me again, a 203(k) loan is not ideal when utilizing the BRRRR method for the following reasons...- It's against FHA rules to use a 203K loan for an investment property, unless it's a 2-4 unit multi family and you will live on site.- 203(k) Loans are for Owner-Occupants- You can't use a 203(k) loan, legally, if you're planning to rehab/rent(not live in) the property.- The Cash Out Refi Seasoning Period is 12 Months.

In an ideal world you would keep it and then scale up over time (stacking method).