Much like there's "organic" produce and "certified organic."

And the majority of people on BiggerPockets are absolutely not following what he preaches. 

I would avoid Holly Hill, Daytona's ghetto, like the plague because the oldest profession seems to be a major profession there if you know what I mean.The Daytona area is a bit or of my way, and my brother-in-law had frequently complained about finding a nice property that turns out to be in Holly Hill.Nearby Ormond Beach and Port Orange seem like nice communities in comparison.

But @Colin Leach the age of majority for contracts in Mississippi is still 21, but I think you can co-sign for him.

Contractors often run over time, and having a contingency plan in place both financially and logistically, could help you avoid a major dip in profits.Second, screening contractors more rigorously or, as you mentioned, running as owner/builder to control subs directly can help you keep costs and timelines in check.

It is rural and 30 minutes outside of a major city, however, it does have a 20x30 shop that a tenant under the right circumstances might find desirable.

One of our handymen is a porter at another co-op with similar guidelines and he reports that the majority of unit owners find ways to keep their apartments rented long-term vs. moving back in.All the best!

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Some will list major employers, but often none of the residents work for any of those employers and likely never will due to income or location. 

I was also appreciative of Dave’s patience and exacting answers to any questions and was clear to me he has more than perfected his craft.The title company had a portal that collected all the documents and laid everything out in phases that I could log in at any time to see progress.As one who is extremely organized I felt I was in a safe space and knew any issues would be addressed.