Seems pretty spot-on to me. 

I’ve seen situations like this before..one old friend of mine in Austin had a few industrial buildings where the cash flow was decent but not dazzling, and he was itching for a way to ramp things up.

The industrial buy and hold buyers have virtually dried up in San Diego.  

An FHA loan to force appreciation is a smart move, and with $100K saved, you’re in a great spot.

If you are near any industries or Hospitals it may be worth looking into MTR's as well! 

Construction industry licensing board in Florida you can file a complaint onlinehttps://www.myfloridalicense.com/intentions2.asp?

They love having the short-term rental properties since that gives them a spot to stay while they're in town! 

Then let them guide you, play devil's advocate and act as the borrower, and cover your blind spots.

After decades of work in the industry, and in Green House design and administration, she is very comfortable with the model of establishing relationships with a home health provider for on-site care.

Hi @Jefferey Eutsay,This deal has potential, but there are a few critical blind spots and questions to address before making an informed decision:Cash Flow: What’s the current and projected NOI (Net Operating Income)?