The returns for their model have shrunk so much the only thing that saves them is deep pockets.

As an alternative to a pantry closet, you may want to consider a pantry cabinet which is less deep, but easily accessed.

I've had a tenant like him, and while he took care of the place and paid on time, I was quite relieved to see him go.

For FL the Well Price seems high, are you needing to go deep with it?

@J Scott  you know me I only read to about line 3 then send in my 2 cents.Developing if you trying to do with really no real estate background is a pretty difficult thingfinancing would be next to impossible unless you had very deep pockets.finding partners same thing.. no way with no experience.. would need the old friends and family route to go through your learning curve

I have been working for a civil engineering firm for the last 2 years and knew I wanted to dive into the REI world and that it could relieve me from a boss or 9 to 5 and provide financial freedom for me and my future family so we could focus on giving back or reinvesting I like to think.

Deep down if we can help to motivate and drive others that share our interests can we not all share in the collective of real estate and it's greatness? 

I’ve done my preliminary work on it, to the point where the next big question that needs to be answered is financing – otherwise I’m wasting mine and everyone else’s time by getting really deep into due diligence.

the reality is any where in the nation were cash flow cannot be achieved on a starter investor level or with a SFR that area is prime grounds to sell out of state cash flow.the mid west deep south rust belt and to an extent FLA are the areas of the country were you can buy a single home  ( starter investment) with the least amount down  IE 15 to 30k  and have it cash flow.  

If your goal with buying subject to is to buy something at a deep discount pre-foreclosure, and not because you have no ability to get a loan of your own, seems like it could still be a fruitful strategy?