I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.

#2...not the zoning, although that can be important too, but the actual property code in the Florida statutes about tax liens and the process. 

I agree and additionally I'd recommend going down to the store and actually feeling them.

That property looks fantastic actually, I think sorting out the budget would be our biggest challenge.

I just started learning about wholesaling, so I don't know how things actually work.

I am from there and am actually moving back.

If these homes were such great investments, they would keep them for their own portfolio.When you purchase an investment, calculate your returns based on actual performance.

Reality is most of us who make it long term work our butts off in a W2, save as much as possible and build it over time -- When I see people want 10 properties in one year with no money down - I question how realistic that is, of course anything can be done but is that even the right play unless your sitting on $2-$3M in cash?

How would you deal with the report from the other tenant and how do you confirm that the smell is actually marijuana.