Key elements include paperwork, third-party inspections, and critical dates for due diligence and closing.

Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, hence the i/o payments, in addition to having a strong value-add element.

We are in FL too, and heated pools!

I can not imagine you'd get a permit with "just a box drawn on the site plan".....nothing showing plumbing, electrical, structural elements, etc. meet building code.

Waco’s housing market is heating up—what strategies are you using to find undervalued properties before they hit the open market?

I'm looking at fixer uppers that are considered livable (heat, plumbing, etc) and I think my DTI will be sufficient once I get renters on my current quadplex.Just trying to plan ahead, thanks!

I like how you point out the "technical" elements at play by mentioning the demand for MBS versus treasuries. 

If you're going to start with one at a time, know and study your competition.Good luck....you are right in the heat of things. 

Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, in addition to having a strong value-add element.

Also means no regular heat source.We always leave the cabin with a good wood supply in the winter, fire starters, lighters and such to ensure they will have a heat source.