So in my opinion, it is a very slim strategy, because if your refi doesn't work, there is not that much meat on the bone for too many optional strategies. also, re-check you rental rates in that neighbor (pre AND post renovations) hope this helps. 

This puts me at only paying $500 a month for PITI which is better than my previous apartment even though the cash flow is negative.

This puts me at only paying $500 a month for PITI which is better than my previous apartment even though the cash flow is negative.

Here is a private money lender who approached me at a very cheap interest rate, Can someone tell me if it is legit or not?  

Sorry I do not have any pics on me at this time, but I could definitely go take some.

The properties are worth about $220K, Purchase price was about $145K and of course deferred depreciation for about 7 years so total gain maybe in the range of $160K+. 1031 is not an option for me at this time.

That has definitely not been my experience in Orlando (tenants have to give me at least 30 days heads up that they are moving, I put it up on Zillow and usually by the time they leave I have a new tenant coming in.

So, in order to get down to the real meat and potatoes of that person's life you're going to have to work on building rapport and discerning their needs or motivations. 

I've love the  UX/UI and the most dumbfounding thing so far is that two different tenant and a vendor figured out how to file maintenance requests, accept work orders, and enter status updates WITH NO TRAINING FROM ME AT ALL! 

Any turnkey investor should ask very probing questions of the turnkey provider regarding the condition of all mechanicals, roof and windows prior to entering into a deal.