Thanks, Jim Rice Hello Jim, We are located in Central Florida. 

One location and 4 rents How could you go wrong 

But the location is great, and the layout could work for a flip or a rental with multiple units.Would you take this on, or does it seem like more hassle than it’s worth?

The outcome was a beautifully furnished home in a prime location with a low mortgage that generates consistent cash flow.

You can use your existing $25k + HML to cover your first flip, and make anywhere between $10k-$25k in the course of 3-6 months (given market, location, etc.)

In suburban Chicago, historical significance or celebrity ties might create a niche appeal, but they won’t necessarily drive up the home’s market value in the same way as location, condition, and local comps.For a short-term rental, though, it could be a great marketing angle—especially if the person is well-known and has a strong local connection.

I have decided on a value that each LLC has before starting the next LLC and some of this depends on the location. 

In what zip code is the property located?

@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate. 

CCREIA just changed their meeting location to the  UNCW Center for Innovation & Entrepreneurship 803 College Rd.