The appreciation isn't great, but you can find a 4-plex for $200k or under (way under in some cases).

That being said, there has been lots of new retail development along Park Blvd in the past 5-10 years, so it has become a little more cosmopolitan.I have had success with single-family flips in Pinellas Park - one completed about a year ago, and one underway right now.

I bought a house in November 2015, completed rehab construction in December at which time my refinance application went underway...lets see...January, February, March, April, May and a few days it'll be June...THEY HAVE TAKEN 6 MONTHS TO PROCESS MY REFINANCE AND CHARGED ME $1500 EACH MONTH THAT THEY HAVE REFUSED TO COMPLETE THE UNDERWRITING.

You will see the true numbers on a deal--you may be able to do some site visits while the project is under way.

So I purchased a SFR about 3 weeks ago and the renovation process has been underway for about that same time.

In a recent eviction of ours, the tenant sent us a check for part of what he owed after the eviction process was underway and after we had filed with the courts for unlawful detainer.

Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there.  Well, .. . . was almost there.  ...

We also gave them materials on usage habits that would reduce their water consumption.Once the shadow billing was underway, we updated the toilets (1.25 usg UHET), shower heads (1.5usg/min), faucets (new aerators where possible - 1.5usg/min) so the tenants could see the impact of water efficiency measures and know that we were committed to helping them minimise their water consumption.We also replaced the existing laundry machines with HE units - provided by a 3rd party in a revenue share arrangement.  

There is a major effort underway so I think people need to be way more careful. 

Now that I am underway, What are some good ways to start finding those off-market deals?