Rental condos in FL are still a touchy subject for lenders.

So can you give me an example of what I should buy a house for that has $700.00 per month rent with tenant paying all utilities and mowing their own lawns shoveling their own snow etc.

It is not uncommon to have a fire they thought was out flare back up, what if it happends again and next time it's 30 days not 3 ?

I wouldn't hesitate to buy a good deal in the winter, but I would sure bring a good snow shovel with me!

Shovel Ready Permitted Units/Lots - value add factors include expanding paper lot entitlement to reach a stage where the units/lots are shovel ready and can be sold to a 3rd party developer that will build the horizontal (site) improvements and sell the improved site to a vertical developer or both.3.

Is the project shovel ready, permit approved?

They cut their own grass, shovel their own snow (though we really don't get much), and maintain the property to some degree (changing lights and a/c filters and such).

., commissions, child support, cutting the grass, shoveling snow, etc)4) low debts (except mortgage)5) if they submit our requirements readily or they are easy to work with, they get additional pointsThe applicant with the highest points while meeting the above minimum gets the house.

Just a thought but if you can't fine a builder cheaper than $175/sf you could always try to sell the property as a shovel-ready project w/ permits ready to be pulled.  

Don’t miss the shovels and salt one bit...happy to help you with your search as I am a local Realtor.