Florence is a University town, plus a strong military retiree component. 

Additionally, strong credit, a solid track record in similar projects, and a well-detailed plan for the rehab can also improve your chances of securing favorable financing terms.

If you're already pricing in a negative cash flow, I would strongly suggest you read what happened to another individual on BP: https://www.biggerpockets.com/forums/48/topics/1204955-almos...

However, with the recent statewide legislation removing maximum occupancy limits, Fort Collins has become an attractive market for house hacking.Although property prices in the area are on the higher end, the strong demand for rentals, particularly among students and young professionals, makes this an excellent opportunity.

Even the lead generation: your pitch has to be right, trustworthy and not too aggressive, but strong enough. 

I've found the product to truthfully be better than an Anderson 100 series window and while I've been fortunate not to have any maintenance issues thus far, my supplier who I've worked with for a few years and trust has made a point of emphasis in saying their warranty response is excellent.

For those of you who've done JVs whats one strong piece of advice to get in the game?

The city has a great infrastructure and a strong manufacturing presence.

Pricing may fit your budget, but you want a strong asset and good value with upswing.

(ex: if investing in FL, its strongly encouraged to consider getting/having flood insurance.