I’m willing to pay the cost to run a successful business and truly value advice like yours to guide me along the way.

I am looking for a mentor/coach who can help/guide me through the business.

Would love to hear what’s guiding your decision-making!

The 70% rule is a solid guide, but in competitive markets like South Florida, it’s tough to stick to—many investors adjust based on their target profit margin or risk tolerance.

As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

Quote from @Nate Meeker: Great insight, I am personally choosing not to file these for clients, but am providing a free guide to help them.  

I like the Unofficial Guide to Real Estate Investing.

I manage property in newark but i would recommend you self manage this as its 1 off. i can guide any way i can, shoot me a message.

Either way this is just a metric to help guide you, with this tenant you already know that they are a good tenant.

Focus on factors like affordability, growth potential, demand, and landlord-friendly regulations to guide your decision.Good luck!