Florida has a large migratory market.

They should all have the same rise to run ratio meaning the height and depth of each stair should meet code. 

I always prefer to grind them, but if your are going to use this stuff, get your {hammer} drill out with a 1" or 1 1/4" bit and drill lots of holes of varying depth.  

The reason they were used in these spots (I'm guessing) is the depth of existing joists was smaller (but wider) than standard dimensional lumber of today.

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And thanks for the in depth explanation of the deal.

Insulation gets pinched here allowing minimal insulation depth.  

From then on, you screen for properties that are under $XXX and hit around the condo fee price point, and you have a much narrower set of properties to look through daily and have to do more in depth analysis on. good luck with your search and don't sacrifice your goals for cashflow just because you want to get started with ownership.

I also had these thoughts and concerns about rental properties in the mid west and rust belt.. you can say the exact same thing you are posting here about every single market in the country were homes are being repositioned to cash flow investors..the locals will always think the other people are paying too.. much.. and I had in depth conversations with one of the best appraisers I have ever me there in Detroit..

I am sure you spent your time learning the market before taking plunge but I should also add that any one who was smart enough to get into the market back at the depths of recession had a great ride up.