App_mode=Displ...Also, our Governor Ron DeSantis just passed a "Squatter law" which always a homeowner to reclaim their property INSTANTLY under these terms The individual has unlawfully entered and remains on the property;The individual has been directed to leave the property by the owner but has not done so; andThe individual is not a current or former tenant in a legal dispute.First in the Nation to do so.Link to squatter article - https://www.flgov.com/2024/03/27/governor-desantis-signs-leg...Let me know if you have any questions about FL or plan on investing in the Sunshine State!

However, if it needs that much work you are probably better off going with a hard money loan and then doing a rate & term refi once rehabbed.Interesting, can an individual get a hard money loan?

We are active in Waveland, Bay St Louis, Pass Christian, Long Beach, Ocean Springs, Gautier, Pascagoula, and Moss Point (and possibly other water front towns near these locations).As I'm sure most are, I would be interested in speaking with other investors in the area, and would even possibly be open to the idea of partnering for a property or two with the right individual/team. 

Still, the individuals there are high end earners depending on the specific area.Also, there are no tourist attractions.

I cannot think of anything  I have a duplex that I found out a month ago that at some point in the past the property kitty corner had the units converted to condo and the owner is selling both units individually.  

These are situations where an individual investors knowledge, experience and expertise provide a unique advantage over the universe of other investors competing for “great” deals.  

I'm sure it depends on a variety of things like your local area, the lender you choose, and the practices of each individual appraiser you may encounter.

Networking is key in this industry, and I'm eager to connect with like-minded individuals who share my passion for real estate investing.LET'S CONNECT and Grow together!!

A couple of local individuals as well.

Maybe local individual...you can track them down pretty easily.If it is a big lender like the big banks....well good luck.