This will clarify and reinforce what you are reading.

This is a fantastic platform to connect with fellow investors and grow your portfolio. 

Guess I have never been in this situation

I was thinking of hiring this summer.

This is still pretty complicated. 

This is the first time I have done something like this, where it was for other reasons besides not paying rent. 

Quote from @Jerry Zigounakis: This just in from proper insurance"Thank you for your interest in Proper Insurance® Due to strict brush/forest fire scrutiny, our program underwriters have declined your property coverage.

Purchase price: $645,000 Cash invested: $60,000 Two Unit property with lots of living space3000 sqftOne parking spotBrand new kitchen addedW/D in both unitsGood for Long term / Mid Term / Short Term What made you interested in investing in this type of deal?

I'm interested in following this project when/if you kick it off. we have this in columbus. 58 rooms on .1 acres. 28000 sq ft. but this site the land is 50k it's set same as columbus but in miami dade county but sounds good. are you more interested in the miami one or the columbus one? 

Sorry to jump on the back of this original post but I have a follow-up question to this response.