I recommend looking at all the data sources and the listing platforms themselves to get the best feel for revenue potential.Also, reach out to local owners for the most accurate expense information. 

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.”

So you may win that type of property, and then get foreclosed on yourself by the first lien holder when the prior owner stops paying that mortgage.  

Thanks for your help--Background -- About to start construction on a single home residential property as an owner builder (and yes I know how many in this group already feel about that).

There were no pets disclosed in the booking and I was surprised to see them.

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market $1800)1.

Unless you are renting bedrooms in your home and you owner occupy.While there are some exceptions probably, the STR ship has probably sailed in DFW a couple of years ago. 

@Matt Roth for mailers there are various list providers that provide different filtering options, absentee owner, by county, state, type/size/class of building etc. 

Yes, I should get quotes from contractors but the owner wants it under contract before I start sending contractors to the house.

I worked for the owner as a property manager for 3 years.