What is typically expected considering approvals/permits take notably longer to get in the Northeast.

I'm wondering what most investors in Florida are using for sales agreements.Are investors typically using a copyrighted Realtor contract?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Look at your “closing disclosure” the next time you receive one.

Now, houses in those zips that need work are 150+ per square foot on the MLS, and even through some of the wholesalers.Duplexes/Tri/Quads are not common here, and typically in rough areas. 

Hello,I received a call from the owner of a neighboring property.

Usually, sellers are only willing to do it if they receive a significant down payment and most will only do a VTB for a portion of the property.

As logn as you give seller every dollar you receive in “cash” from your sale as a downpayment.

You mentioned that you'd recommend a multi-unit property; is a multi-family property typically preferable to a single-family home for house hacking?

In a 1031 exchange, you could receive cash that is taxable.