This involves updating the property records and ensuring that all units are now under a single tax identification number.

I have just purchased a small SFH 2/1 in Miami that needs updating and I am looking for a contractor that can help with the job.Any guidance or references would be extremely appreciated!

payback period are over 5 years.

And, assume that rents increase by 2%/Yr and inflation averages 5%/Yr over the expected hold period, which I will assume is 20+ years.

Does anyone have a cleanliness clause in their leases that that invoke when they do periodic walk through? 

Sorry I tried to update that post yesterday, but I don't think the update took. 

Seems very questionable. update: I spoke to a rep from the company who provided more detail on their turnkey project.

Here are a few of the old threads, to get you started (and probably more confused).https://www.biggerpockets.com/forums/51/topics/1164339-what-...https://www.biggerpockets.com/forums/51/topics/1177752-capital-gains-on-partial-releasehttps://www.biggerpockets.com/forums/51/topics/1200256-tax-implications-of-holding-period-for-property-flip-in-floridahttps://www.biggerpockets.com/forums/51/topics/1184208-self-employment-or-long-term-investment-income

Period.

They will have a reclaim period or something like that where they just have to pay you whatever you put in + interest.