You cannot use rental income above your mortgage payment to help qualify for a larger mortgage, but you can utilize 100% of the lease income to offset so that should help you qualify for more of a mortgage. 

Your approach to investing in real estate through purchasing foreclosed homes at local auctions and utilizing the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy, especially with a focus on Section 8 housing, is a proactive and potentially lucrative path.

Add utilities, lawn and pool care $800-1000.

Service would change, though, as the successful experiences of early-adopter customers would demonstrate the utility and superiority of NewCo.

I am on the fence with the “optional” mentor program that offers more resources than spoken about on here, but even if I did and my first acquisition fee covered just that, it would be worth the investment. we do not know here whether or not the nay sayer here utilized all of the resources or not. 

I would however recommend elevating anything placed in a non-elevated utility room to ensure damage is unlikely in future storms.

Regarding property management, utilizing local property managers can save you time, and using PropStream effectively for filtering properties by distress level and location will certainly help with finding stronger deals.

I'm utilizing social media to the fullest with multiple groups that are centered around moving to Florida.

We don't have that guideline for cash-outs, we just utilize the 1007. 

I'm a member of one local STR page that vets owners by requiring they see a utility bill with the address and the owner's name.