Hi Ashlee,Have you and the tenant signed paperwork documenting the lease break?

Hi Helen,I have clients actively investing in a few different FL markets.I will say your budget for both the property and furnishing will dictate the type of returns you can expect.

What made you interested in investing in this type of deal?

@Amani Abdel-DayemI’m still trying to get any type of feelers on peter and partner driven.

Feel free to reach out and I would be happy to share some information regarding this type of loan.  

Also look on Loopnet for any similar type rentals, sq ft, NNN, lease terms, $ sq ft, etc. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

Most PM should be able to give you a ballpark estimate over the phone based on type of home, location, beds and baths; however, they should tell you that is an average and the final number depends on the condition of the home.

David, I'm glad for your "...roughly $648,000 to $1,200,000 in instant equity.. type investments with your guy.

Earlier in this thread, you claim to be buying 3 properties of this type in a month or so.