Other question the heat is not included in the rent (gas), I understand it’s not the ideal, should I avoid this?

Upstairs from the main level is a half size floor composed of a large bonus room, an office (no closet but I could add one to make it a bedroom), and a full bathroom.On the Ground level is 2 bedrooms, a ¾ bath, and a room that was used as a kitchen/family/laundry room – there’s another washer and dryer connection here and a half kitchen.Electrical, plumbing, and heating are not split between upstairs and downstairs, though downstairs has in-wall cadet heaters.  

There are internal heating and cooling systems, electrical components, hot water heater, plumbing fixtures and a myriad of other issues that are hard to assess for the average home buyer.Realize that you are not going to catch every single flaw or defect on your first run through a home, although there are a few key areas that every home buyer should look at before making a decision.

Some interesting statistics regarding residential income properties in Miami-Dade, Broward, and Palm Beach Counties: Average Sale Price vs Average Days on Market for each month, so far this year.

About a dozen rental units on the market on Craigslist and a couple of local property management companies to use. 1 beds are $550/month with heat included, 2 beds range from $625-850 (some listed at $1000 furnished), 3 beds about $800, one larger management company that lists about 75 units on its website only has 1 vacancy currently. 

(Poorly insulated house and the propane is around 300-400 a month to heat).

The building needs pretty much everything, including foundation repair, new roof, structural repair, new plumbing, heating, electrical, etc.

After switching PM, I opted for central heating and air which ran me about 6k + another 4k to bring the property back to being rentable.

now they just use it as an up-sale to get you to try and replace capacitors that have not gone bad or talk you into a new fan motor or convince you that you’re heat exchanger has pin holes so they can change it out.With that being said, there are still lots of good / smart / and ethical HVAC guys that can really provide and old school tune up and perhaps they can chime in but the newer larger companies just try to up-sell you on unneeded parts and “repairs”Tip: change your filters.

I am in the Miami area and just wanted to know any tips that I should take as I start this journey.