Janice this statement tells me that you have not narrowed down enough what you are looking for.Every commercial client I have we go through an in depth process.

It has a pretty good guide to the process of eviction along with in depth information particular to managing rental properties in Florida.Good luck, it sounds like the makings of a good deal.

I don't know the depth of your rehab, but $25k will not get you much nowadays.

Im not sure the depth or cost of a move dont know how big your operation is?

I'll leave a quick reply and will leave the in-depth analysis to the pros out there.

It's $250 per day, he said I'd probably have a blast with it (he's probably right) and he'd come out and mark up where I need to dig and give me a quick lesson in how to measure the depth of the hole and other stuff I'd need to know.  

I really appreciate the in depth analysis.

Property Management will be a huge factor and will call for a more in-depth group than the normal PM's. 

I have not looked in depth into it, but it looks pretty solid for most use cases while being considerably less expensive.

@Dave Manning,I think you're missing some expenses that you should consider (even if you're self managing);Capital Expenditures (boiler, heater, siding, flooring, etc): 13%Property Management: 10%You might be able to lower your vacancy number if you do your tenant screening properly.The capex figure is the one to watch out for, and there are several posts on the site that have a highly detailed explanation of why capex is going to be roughly $150 - $170 per unit regardless of the cost of the property.Read this post for a more in-depth analysis:Capex post on BP Forums