Additionally I spent $35,000 on property taxes, $17,000 on insurance, $35,000 maintenance and repairs.  

Look for properties on main corridors or sites with existing structures (e.g., small houses or retail buildings) that can be torn down and redeveloped.Challenges in South Florida: Be mindful of market conditions and local regulations.

As far as permits and renovations and ADU additions?

Do your management deals give you your large stake with zero or very low capital of your own in addition to a management fee?

As an individual with an FHA loanI appreciate any additional guidance you all have for me.Thanks! 

Thorough vetting is absolutely essential in private lending to mitigate risks and protect your investment.Here are a few additional tips to enhance your due diligence process-Assess Their Exit Strategy: Whether it’s a flip, rental refi, or sale, make sure their exit strategy is realistic and aligns with market conditions.

They completed the review of the voucher on December 3rd AND REFUSED TO COVER THE TENANT'S RENT FOR NOVEMBER because they didn't have LMHA permission to move in.We had a home pass inspection on December 20th and still haven't received permission for the tenant to move in (January 3rd)...the tenant just had to pay for an additional month's rent at their old home and we are out another month without our rental occupied, incurring carrying costs, and risking vandalism.

Additionally, you could not move your Roth IRA funds into a Solo(k) because for some reason unknown to even the Department of Treasury (I asked them) Roth IRAs cannot transfer into the Roth bucket of a Solo 401(k).

When/how does your team decide on doing a physical site visit vs. a virtual site visit? 

Honestly what I started doing more is use chatgpt to get a better idea of where to search or specific sites.