If the kids are throwing salsa or spaghetti at each other (or better yet, the adults) then you have your answer.

I think the two little kids use that bathroom and they’re just throwing too much TP in.

If you just want to throw out a general amount for safety, I would say 15k, but there is a lot of good advice above on how to judge it.

Cash-flowing rentals in Florida right now are tough overall, so you won't pull up places for sale in the greater Orlando area, throw a dart at the metaphorical board, and find a property that easily cash flows.

But thought I'd throw that out there too.Sometimes its not as much about which one is better in terms of cash flow.

Hey Angela, I would recommend throwing this in a local investor facebook group in your area.

(Approach - 2) - He says that if he is asked to pull permits, he is not responsible for any additional work that the inspector may throw (basically more money out of my pocket on the rehab costs).

My concern is that a lot of younger, inexperienced and unsophisticated folks get fooled into believing that their hard earned money is going to "buy" property in these kinds of arrangements (i.e. believing they are not "throwing money away on rent") whereas throwing their money away on rent + even more money should the option fail is a better description of what is actually happening. 

If I feel there is any "liar data" in there I throw out that piece. 

We're selling off a couple, keeping the easiest to manage, and using that capital to throw gas on our other fire.