Here's the problem, that area is the only beachside area in Brevard with an excess of inventory.

Heating in winter and cooling in summer - your contractor will have the utilities cranked up full blast because they have the window open so paint and drywall mud will dry. 

Most Brooklyn guys have moved on to the Bronx after picking Brooklyn dry so keep your eyes open about that borough as well.

Escambia for instance is very cut and dried, you pay you stay, no pay and you go.

Is there an excessive number of single parent homes?

TL;DRI am thinking of buying 8 4-plexs for my first deal.

Most inspectors won't do an inspection without a 3rd party to protect them from the liability questions above.Also note that most standards say that home inspections are non-invasive so we aren't moving furniture, or tearing off dry-wall.  

Almost 20% for a $900 property is steep.10% of rents, 1 months rent as the leasing fee and a smaller fee for lease renewals is what is commonplace in my market.Them hitting you with the 10% & the $100 is excessive as well as the full months rent for the renewal.

There may be excessive moisture coming from the slab or subfloor causing the laminate to warp or as Michael stated the installer may not have left enough room for expansion.  

After 18 yrs I deduced my exposure was less that 1% probability and ultimately threw the S-corp and LLC overboard as excessive cost to maintain.