And if you need cash, do a refi of the new property.Using the basis of purchase price when you set it up as a rental is only a disadvantage in that it lessens your annual depreciation allowance. 

I would recommend having some weight and breed restrictions if you are renting out a smaller apartment/house. 

It is definitely speculative, but there is plenty of data in place to lessen the risk if you're looking to flip it quickly and not buy & hold while waiting for the new airport/mall/whatever to show up. 

I don’t know your area of Florida, but here in Tampa a 4/2 is worth it’s weight in goal.

$250K ARV - $140 Purchase - $25K Rehab = $85k - $15k Commissions = $70KCarrying costs, utilities, taxes etc will lessen your profit, but it fits the (70% of ARV - Repairs) formula in terms of purchase price.Can you get it for less that $140k?

It will be a weight lifted off your shoulders once you find one that answers the phone when you call and makes stuff happen.

Looking for some thoughts from those more experienced how to weight out this side of the deal.

Unfortunately my lack of experience in the market I'm in makes it hard for me to effectively weight the different risks and is throwing a wrench in my plan.

Dump fees are based on weight , thats a lot of weight .

Generally the T3 is the best indicator of trend and your lender will put most weight on those numbers.