Depending on how much you'll like to contribute to this retirement account keep in mind the self employment taxes you may need to pay of 15.3% and age if contributing to a traditional not roth type retirement account.I agree with the above based on your answer you most likely won't have issues in FL.

I was simply answering the question based on if you do use carpet what is a good color?

It's hard to say if a 60k house is worth 40k or 80k, that's within the margin of error based on how much do you consider condition in your valuation.The % based agent commission model does not make any sense below 100k.

Anyone who either had a relationship to investing or was a person I looked up to based on their successes.

If you’re in East Franklinton then yes, you’ll experience a good amount of change based on new developments.

Based on my numbers, it shows a 45% cash-on-cash return.

Consulting with a tax professional can help clarify how and when to maximize tax benefits based on your plan.

I am an out of state investor and in the past I have purchased my properties based on video walkthrough that my (trusted) realtor does.

I share my experience based on truths and facts and have evidence to support them should this end up in court. 

Based on the numbers alone, it seems like an incredible deal - even at $560k.