If you are in a condo building look at Section 718.110(13), Florida Statutes, provides as follows: “An amendment prohibiting unit owners from renting their units or altering the duration of the rental term or specifying or limiting the number of times unit owners are entitled to rent their units during a specified period applies only to unit owners who consent to the amendment and unit owners who acquire title to their units after the effective date of that amendment.”

Happy to connect if the above parameters sound doable for your first deal scenario.

IMO the most cost-effective parts of a kitchen or bath reno, that you could pay yourself in labor vs. pay a contractor would be 1) careful demo and cleanup, 2) painting or skimcoating, 3) re-using existing materials/accessories or using refurbished ones in a clever way (e.g. re-use existing cabinets and painting them)

Sounds like you might have an exciting project on your hands in the near future. 

This is a fantastic resource for real estate investors and it sounds like you're taking the right steps to get started in REI.

Just remember, wherever you go, it still comes down to making sacrifices, remembering this is a 10 year process not a quick fix, and being solid with your everyday budget and goals and living below your means; boring but effective.

Suppose Step-dad voluntarily chooses to permanently move out on his own while still of sound mind/competence.

But it hasn’t had a significant effect above the market’s ability to absorb that supply.

Hey Blake, this definitely sounds like a doable idea!

At this point i guess being a hobbyist builder sounds pretty good to me.