For the moment we are focusing on SFH and Duplex's till we get the swing of things.

Being handy is a great way to start and learn the business but your time should be spent finding your team and the next deal.Instead of swinging the hammer, focus on expanding your network:1) Agent/wholesalers to send you deals and list them on the back end.2) Contractors that allow a fast, efficient, value focused renovation.3) Lenders that can allow you to close on properties quickly with solid leverage. 

There are caves, a golf course, hiking trails, and a state park nearby.

Peak months are February and March.For Key West, the same trend occurs but with less dramatic swings (likely due to the greater variety of listing types).What size property are you looking for?

I see your way up the mountain away from the ocean.. how close is golf and restaurants ?

I think you could swing this one (I personally would go for it) but I'd stop there.

Got a deal on a house$150-170kRealtor gave estimate for listing at $199kArv is $285-$315kTrying to figure out how to swing it Scenario : guy I know will front the cash to me to buy it for a cash deal but short term loan basically. 

The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax return.Originally created to protect residents of Augusta, Georgia who would rent out their homes to attendees of the annual Masters golf tournament, the Augusta Rule applies to any taxpayer who owns a home in the United States, provided that your home is not your primary place of business.How Does it Work for the Homeowner?

With the fix and flip 2 of us were contractors and 1 was the money guy who was still swinging a hammer.

Cap rate pro forma 7.26%...better if you can get that $75k rehab budget downFor house hackers, it appears putting 10% down (if you could swing it) would be best.