Lots of areas that pencil very well on paper but the quality of renter you will get is going to eat into any profit you may think you are getting.

So after long term cap gains tax eats about $20k.

I want to try and offset as much cost as possible without compromising quality so I’m looking for a GC mentor who could help me eat, breathe, sleep and wake GC lol.

And I did not use a MLO/LMLO who would eat 1% to 1.5% of the selling amount. 

(Have your Cake and eat it too!)

I feel terrible walking away...but i was under incredible stress (not sleeping and eating like crap) trying to figure it out and make the quotes work by paring back finishes.

There are opportunities out there but some strategies are risky. 1 - Airbnb (STR) comes to mind - very competitive, very saturated and becoming highly regulated.2 - Most STRs are transitioning to MTR so that market will be saturated soon if it isn't already.3 - Insurance crisis in florida is getting bad so those costs will eat up cashflow and short term appreciation.

Condo's usually have high HOA dues which will eat into your cash flow.

That absolutely eats any potential cash flow.. we moved here because of cheap property taxes and turns out it’s not so cheap after all if you’re an investor lol.

We eat the first one, thy get a picture of all the glory the plumber pulled out and the second time they get billed.