Leasing Management Program Overview The Leasing Management Program will involve the following activities: • Annual review of all units via the tax assessor database to identify potential "hidden" leasing situations. • Creation and maintenance of a list of all units/owners approved for leasing. • Creation and maintenance of a leasing waiting list for homeowners requesting to lease their units. • Creation and maintenance of a list of tenants' names and contact information. • Inclusion of tenants in the association website with "renter" level access. • Inclusion of tenants in the violation system, including sending notices to them when needed. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

I'm primarily in a judicial foreclosure state and so that's where the fun lies for me because I create standing for myself to beat the bank/finance company at their own game and walk away with either the paper or the property free and clear.

She lies, steaks, and scams anyone, every chance she gets.

So we bought into the idea that it’s a great investment. we went non contingent over asking but just not happy with the way the deal went .. reluctance of our agent to spend time on the property  and when we went for inspection with sellers inspector the seller agent was present and that didn’t give us room to ask questions and really inspect and feel the property to our liking… I am not sure if it’s just a feeling that goes away or will this be a terrible mistake .. earnest money is also a very large sumYea it sounds like they lied and pressured you a lot.

Look in the property tax assessor record.  

I am currently prefabricating modulars in China in compliance with IBC/IRC, the bigger challenge now lies on shipping cost and tariffs. 

There is also one big issue with your tax projection - the taxes of $280 are based on the vacant land taxes and will likely go up to ~$2000-$3000 in a year or so when the assessor catches up with you.I realize there is a 1031 involved so a real estate purchase is necessary, but you should compare your ROI to a safe yielding instrument like a 10 year T-note or AAA corporate bond yield. 

The key to success in real estate investing lies in thorough research, strategic planning, and a willingness to adapt to changing market conditions.

There lies your answer as to whether you can do it or not.

My expertise lies in the vibrant market of Pinellas County, where I've honed my skills for over 7+ years.