Once you know what funds you have and what you need, you can then start shopping for that first flip investment.

I am also considering just running the convenience shop for awhile and later adding in the gas station if it makes sense. 

And when you're shopping for your replacement properties in your 1031 exchange you'll also want to pay special attention to the current insurance on the property.

If you are hiring a one-man shop, the odds of that one-man being able to put the effort needed into all the areas needed across 50 or 100 units is very rare, much better service with a team that can take 2am calls and deal with villages etc.

We are a small shop in the Philly market and we try to stay in our lane. 

.), rentometer, and calling competitive properties to "price shop".

**Additional Tips**: Any other advice or insights related to landlord insurance that I should keep in mind as I shop for the best policy?

One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.

Happy to meet up and talk shop with you. 

Here in Orlando, for the most part, the home HAS to be stellar to attract the guest that isn't shopping by price first, but the experience.