I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

Firstly my objectives•To provide uncorrelated predictable income streams while allowing for the opportunity of capital appreciation•To provide high % yields.

I went actually on the street of the city I wanted to invest in and asked people just walking around about the city, what might rent, etc and found this method to be extremely beneficial I met some local real estate agents walking their dogs that gave me great recommendations and leads just because I asked them.The real estate agent son I met the other day has called my phone and is connecting me with a landlord that I really want to get into contact with for his building who already has tenants airbnbing at his location.I also found a Mentor (simply by asking around), which has offered to teach me all their ways, tips, tricks and so on as long as I help them stage, help them move items and so on.

My wife and I used to do flips in this area, and I have a couple listings along with long term rentals I manage in the area..For the co-host, they typically do not handle permitting and other items like that (this can be agreed upon between you and the co-host.

This isn't merely about replacing your current income—it's about creating an income stream that sustains your lifestyle indefinitely.

Lastly is structures, and to be honest I think we'd probably have to move the needle $100k or so on that item because I have a feeling from what I've seen thus far is these structures are not of the most durable enduring type and I will have some considerable cap-x over 10yr window on them.

I am sure there will be more as I sort through things as a lot of stuff came up and some not so good.There are also a few Xumo TV's which I didn't put in here due to Xumo being a bit of an outlier for streaming.

Brick v.s siding and covered v.s no converted parking also make a large difference and are items that have to be adjusted for. 

@John Underwood good feedback I appreciate it.I am viewing the property Friday so will have a better POV on landscaping maintenance then.I hadn’t considered the other items you mentioned, so thank you!

If we need customized items, like a Leasehold DOT on an airplane hangar portfolio, then we (borrower) pay extra.