I did not know if there was a typical elevation above BFE that people want or is normal for the area?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Home Inspection Costs: The costs associated with a home inspection for a rental property are typically considered part of the cost of acquiring the property.

Investors don't want to pay a good PMC enough to do this.So, if you find a PMC willing to manage your Class D rentals, they will typically either be:1) Incompetent and/or new with no idea what they are doing.

and dump the rest into a brokerage account which holds ETF's invested in essentially total stock market indexes (VTI, VOO etc.).

A typical strategy will take closer to 10-15 years.

They just might not be licensed, might not be ethical, usually don’t answer to a broker or a regulatory body (unless they are licensed) and use a different sales process where the EM typically goes hard earlier in the transaction and the buyer is on their own with fewer contingencies and less time to do their due diligence.

The core 4 is essential to long-distance investing.

Evictions in Florida typically take up to 45 days, but most likely a little faster with a holdover

If the plan is to stay with a commercial loan, the construction finance and permanent loan can be one product, with typically a 12 month interest only period during construction, then rolling into a principle and interest payment afterwards.