I have a buddy who bought an ice fishing cabin in New England for next to nothing and earned a 50% cash on cash return because he has been ice fishing there for 15 years and knows the intricacies of that world and how to cater to that customer. 

Anything metal that is outside will need to be oiled or protected monthly from the salt air, door hinges, doorknobs, gates, hooks, handles, bikes, light fixtures, chairs.

. - underground oil tanks, septic) that are unseen can pop up in distressed properties a lot.

The fishing is world class and you should definitely come see us.

Forgive me if this is a novice question...The home is approximately 100 years old, and had radiators throughout the entire property, as well as 2 boilers and a large oil tank in the basement. 

My main concerns about Florida include: Chinese Drywall (very toxic; found in older homes); HOA Restrictions; Lots of people/crowds; sinkholes (properties sinking into the ground); Red tide (dead fish found on beaches due to algae bloom); Homeowners Insurance costs (w/older roofs); Mold; Hurricanes/Flooding , New construction (not always built to quality)... these are the most common issues found in the Florida market.What zip codes would you recommend for a single family investment property under 300k to mitigate these concerns? 

I’m in the process of adding propane Rinaii heaters which are a little expensive but the tenants will pay their own heat and I will no longer have oil heat costs.

For me if I was not doing deals I would be bored to tears :)  only so much golf and fishing one can do .

Imagine you have a fish in the ocean that doesn't eat.

He went out for another issue and he said yep, they were using that tub and the stink is because they put organic oils, fresh flowers and leaves, needles in the tub along with apparently oatmeal.