We are trying to rent a unit and we have interest from a couple in which the woman has a 790 credit score, makes good money and by all accounts would be an ideal tenant.  

Many investors who look out of state go with a turnkey provider because ideally everything should be done and completed for you.

My plan is to sell all of the homes for say $2000 each, and just own the land under the homes and hopefully find good tenants to pay me "lot rent" ideally of around $300.

I would say that maybe a 3 or 4 bed SFH sounds like an ideal situation to maximize cash flow for you Evan.

I am in Florida and we have homes in those prices here but it is so far off from the small numbers I deal with.

Ideally, I will make at least $100 each month after applying the 50/50 rule.

You can take that money and finance another condo that you can fix up and live in, (thus resetting the 2 year timer for when you can cash out without paying taxes).Ideally, you could do something along the lines of house-hacking, but multi-family rentals in orange county right now is priced pretty high, and its very difficult to find something that cash flows  (Although with a 100K down-payment, maybe you could make something work).Keep up  the hustle!  

Ideally I  want to be able to have more money at my disposal if needed.Thank you for your feedback.  

Ideally, you should get added to the title and insurance, since your money is going to the rehab, and you need to be secured in the event of a loss.

Hi,I'm looking for a great Property Management Company in Louisville that specializes in Class B/C properties, ideally with Section 8 experience.