I highly recommend finding a market that is landlord friendly, cash flowing, doesn't have regular catastrophic events, property taxes are low, insurance rates are under control and you like the area.

Also, assume a regular job so I do not need extra income.

In my main market I get better rents from regular non-Section 8 renters. 

They use regular title insurance companies.

Option 1 isn’t even capital gains tax, is full bore regular tax.

We use her regularly. 

He regularly crunches the numbers and identifies some of the best markets to invest in (depending on your goals).Two things to consider:1.

You need to hook up with an attorney who regularly represents hard money lenders - you need to make sure your loan docs are compliant with state laws and are binding on the borrower. 

If that plumber was working for that company when the permits were pulled and if the company regularly had the plumber pull permits on his own they very well could still be held liable for his actions.

The Florida safe harbor seems to be a giveaway to the banks, since a regular purchaser must cover all outstanding dues, but the bank can claim the safe harbor benefit.