The deal has to make sense and you really need to know the comps to make sure your investment is going to actually make money.

Thank you all very much!

@Huong LuuIn my opinion, presuming you need the money - it is better to cash-out refi the property.  

Typically with houses of this age - you'll need structural folks to dig and install piers into the soil.

The previous Tenant left the place dirty, and several rooms need new paint.

Trying to wrap my head around this being feasible while working so much at my w2. 

I can into this at length so if you need more details let me know but for the sake of time - it's allowed.3.

What kind of work did the plumbers need to do.

I think the important takeaway is that you need to know what's going on in your local market.

Encore, you would need a membership, if you purchase in the new phase (Spectrum ) they automatically come with the amenities (membership) included to your guests, but the HOA and management have other restrictions and all units come furnished with the same packages, so you can't make changes to have it stand out, which is what is really needed hear in Orlando since there is so much competition.