The problem with multi family is that the inventory is VERY low and not a ton of great locations.

Each Scope of Work (SOW) is unique to each property, as the specific needs of each flip vary widely based on the property’s condition, location, and target buyer.

In the process, you will be covering the tab for some nice family vacations  for whomever you hire to set up this structure.....My advice to anyone who wants to spend on anything beyond an LLC in the state in which they live or where the property is located should first be able to articulate the following:1.

It usually pays better and you seem to be in a good location for it.

What area in Tampa is the property located?

It's a good location but an overwhelming rehab just beyond my experience; sorta a full gut/ or the basic kitchen, bath, flooring and paint remodel.

I have found a tenant that has agreed to a relatively unconventional agreement for my furnished property in a popular vacation location.

It is located in Irving TX and is owner occupied.

-Toledo-Akron-YoungstownOnce you locate a property, feel free to send me a PM. 

I'm actively thinking about my target areas and possible deals, but would really appreciate if there were any groups or mentors available interested in discussing the ins and outs of favorable market locations, financing, ideal type of investments and getting that elusive First Purchase!