As an add on to my previous comment, I am currently in the process of pursuing 50% zero interest financing through a non profit who likes what I am doing and is partnered with the government in my state.  

Deductibles are high, premiums are high and the state seems to be chopped up into portions so one company can underwrite in one area but not another.There's deductions (think of them as add ons) for all sorts of construction related issues. ie, rafter ties and strapping, storm proof windows and doors and so forth.There's lots of building codes that are specific to Florida which increases costs of many things such as HVAC (outdoor units need to be strapped down to concrete slabs, etc)Essentially, if you want property in Florida, go ahead but expect to bend over for the insurance companies.

If I profit at least $6k/mo, I'll stop sending out resumes and quit going on interviews.I answered an add on craigslist about partnering on a fix and flip. 

Once you add on Cmhc you’re starting day one nearly 100% leveraged.

A wrap would include what the seller owes, PLUS however much additional they'd like to add on top with their terms & interest.

Setbacks, drainage, add ons, Minimum square footage, etc.Step 7: How Smart are you?

The #'s just aren't there when you add on top of that you have to cut your rates to compete with the numerous options in the market area.

Some real estate agents will help with this, especially if you're looking to add one to your team for buying the properties.

Originally posted by @Kody Thompson:Thats exactly how I do it as well.

I use Kody Miller at Safeco for COS. - PM me and I'll give you is email address.