I've considered this scenario from the perspective of the cash investor for the down payment. 

@Edward Moore Golf carts are incredibly common in the Destin to Panama City Beach market. 

Quote from @Ted Davis: Software is a common question on BiggerPockets.

Hi all,I am wondering if someone has dealt with a similar scenario and can offer advice:I have a tenant with their lease ending in November.

Unlike some people, I believe HOA is good costodian often finances, get volume discounts, do the effort of hiring contractors and maintain common space so in that regard I consider them a value. 

It's pretty common to find 2x more rental units available than homes for sale.   

And this scenario I detail, NOT theory, this is REAL WORLD, today, drawn from real properties, real prices, real rents.

I'm getting ready to tackle my very first BRRRR and I wanted to see if the community could share some common mistakes to avoid?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Is 20 year ground contact lumber common?