Yes trying to find info as well, offered 1031 and/or straight investment $s w 6 month min lockup period for a return in the 14s, seems too good(i know what they say, lol)

Keep us updated how it goes, interested to hear.

Additionally, FEMA updated the local flood maps here in July 2024 and much of the area now requires flood insurance. 

Are there any house at that price point that would rent for $1200-1500/ month with 20k worth of updating?"

You could see an attorney or even better talk about it with your financial planner many have legal tech now that makes it essentially frictionless to get your estate work done and keep it updated.  

What are tenants expecting in terms of updates?  

Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money. 

any updates?

I would do some updates and add some color on the walls and maybe throw pillows etc.