County has assessed for 200k but is worth more due to the area they are building homes left and right on that road and they are selling 300k+ and up.

I would recommend having the property assessed for any damages—were the windows or doors damaged during the forced entry? 

Better potential for current cashflow and you can definitely find discounts to “market top” pricing as you look South from Tampa. 

🚀💰You're spot on from your assessment so far.

multifamily and single family both have potential value.

Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

Hi everyone!Through the help of many on here, I have made a lot of progress since joining about a year ago.  I've finally found a property that could be a good fit for my primary residence- if I can get a good price o...

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

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Some areas allow sub-metering instead, which might be cheaper.I would contact a local contractor or utility company to assess your property and get quotes.