For a moment, it seemed like the “lock-in effect” might ease up.

Finding a good account and bookkeeper wasn't difficult and using online registered agents was way more cost effective.

I think that if you are serious about doing your accounting and taxes efficiently and effectively for your business, your best bet I would say is a CPA that specializes in accounting and taxes for Real Estate Investors.

An experienced investment team can provide invaluable assistance in finding, vetting, inspecting, renovating, and managing properties effectively in your chosen market.

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

Originally posted by @Kevin Lee Lawrence:My understanding is lease options are very effective in a buyer's market which is certainly not right now.

As a savings of a few thousand dollars on furniture, could determine if your occupancy rate is 65% versus 70%...If the revenue is $50,000/yr that's $2,500 in one year (which could be the breakeven for that specific line-item expense).To determine you total breakeven point occupancy rate, and not just related to the furniture, take your operating expenses plus your debt service and divide it by your effective gross income.

@Jesse Rivera I love the idea of it the only issue I'm currently facing is I would get negative cash flow renting out my current home  based on my current mortgage so it definitely isn't ideal 

Also have less short higher level overview video: VIDEO: STEP-BY-STEP GUIDE TO FLORIDA EVICTIONSJoin the conversation here to share experiences, ask questions, and explore best practices for managing Florida evictions effectively.

The Long term, after some reserves, I'd like to bring down the assessment costs since I worry that this will negatively impact the property value.