Price to rent ratios have skyrocketed everywhere and it's pretty unlikely rent will ever get to a point where it evens back out because at those levels it's just as cheap/cheaper to buy (not to mention most renters can't afford anything like that). 

I haven’t received the quote back for this place yet, but other similar properties we offered on were in the $4k/year range for insurance.

Hey @Buck Dabill, let's back up a second.

Completely remodeled home only minutes to Downtown Pensacola 📍BRAND NEW ROOF, HVAC, WATER HEATER, ELECTRICAL, KITCHEN, BATHROOM, SIDING, FLOORING, LANDSCAPING, FRONT & BACK WOODEN STEPS, AND ALL OF THE FIXTURES.

They will come back and give one last opportunity for bids.

If I do choose to move forward with Rentvine, I will report back here. 

the first one did not go as planned, i overestimated the boost in ARV that i would get, and didn't get enough back out on the refi. 

I agree with @Murali Jesudoss, I had pulled back from investing when things got super crazy in the last year or so, but I believe things are stabilizing and deals will start to become more attractive. 

For many it could be a decent strategy to invest their money back into their property.Its the same thing for doing a renovation.

With our capital backing, the deal was executed seamlessly, leading to a fast and profitable resale.