There is no consideration for risks, areas, quality of the house, renovation, or management.  

.- Everyone's situation and goals are different but I would assume there are a few quality markets within an hour of where you are located in Florida that would check a lot of your boxes. 

These are good indicators of quality tenants.You can also adjust how much deposit you take as well.

Part of this is the quality of the house.

Also North Providence is a great area, so you should have no problem finding quality tenants.

Insurance companies are taking a close look at building materials, quality, and updates. 

As a licensed contractor and real estate agent, I can review your estimates, ask the questions you might not know to ask, and help you make an informed decision that balances cost with quality.

The quality of people in his community is exceptional - yes there are world class experts, yes they hustle and are brilliant.

But in my opinion, the biggest issue I see with folks jumping into their first "big" multifamily deal is the quality of the pro forma. 

I’m at the stage now where I’m shifting my focus to cost of living and overall quality of life in each area.