@Britney Lewin figure out what you want to achieve and where you want to live.You can probably get more bang for your buck in more tertiary areas in Florida versus primary or secondary areas like Orlando, Jacksonville, Daytona, Tampa, St Pete, etc.One area to consider might be the space coast.

Get set up with a payment system, maybe?

One I know is days on the market but I would like to know a strategy more in terms of the work needing to be done on the property.What is the typical rehab budget for a full gut versus a fixer-upper that needs some updating such as for the kitchen, bathroom, new carpet, roof, and/or driveway for example?

He did recoupe what he invested luckily but I suddenly realized their system relies on the buy ins of both parties which means if you have to deal with shady contractors, thats just how its going to be.

@Nilusha Jayasinghe score system does NOT matter.What matters is understanding the risk of default any score represents.See link below for more info:https://newsroom.transunion.com/transunion-analysis-collecti...A landlord should ALWAYS get the SSN from tenants to protect themselves and hold tenants accountable.

And all of these systems are only as useful as the PM will make it. 

Where I'm stuck is whether I should use a metering system that pre-prints a stamp onto the envelop or find a machine that can place a physical stamp onto an envelope (obviously I can't sit there all day stamping).I'm thinking from the perspective of mail that looks to "businessy" vs. mail that looks more personalized for better response/conversion rates.

The best market is where you can, but the best team that follows a clear system that can be repeated.

Next time, consider implementing a RUBS system to prevent this issue from happening again.

What systems and processes do investors have set in place for the following?