Hello BP members,I live in Miami and I'm considering purchasing a long-term rental property in Orlando that will generate positive cash flow.

Flooring is an exception to this since LVP is higher priced, it does last a very long time for something that will get beat up over the years. 

It’ll position you to have more cash available for future investments.In terms of setting up a real estate business, forming an LLC could provide liability protection and allow you to keep personal and business finances separate.

-I have seen appraisers fine with it as long as it looks decent.

We also sell on terms.

I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different property types I just don't see how it currently pencils out to positive cash flow.

@Regina Bailey The eviction process is long and drawn out - e-filing is a pain and a bit confusing if you're pro-se.

Been gone a long time from the forums, Hoping someone with tax expertise could help me here.  

Building a strong, high-performing power team is essential for any leader aiming for long-term success.

STR market is dieing unless you can play in the 750-1.4M$ price point then there is opportunity, most are going MTR or LTR, we manage a vast amount of properties and see clients switching from furnished to long term unfurnished, lots of data around this...