Let's face it there is not one profession out there, military included, that doesn't have their share of people with very high moral standings and some with no morals at all.

As for GPA's I graduated from Cal State Fullerton so I'm only barely literate and no intellectual threat to anyone here or elsewhere.I'm on your side regarding the subject property price point.

. :-)They do seem undaunted in trying to pull off large new construction projects, even in the face of sabotage by the disgruntled locals

I would have loved to do the solar thing however we don't have a roof line that faces south for best exposure.

Some are killer deals and others barely meet my buy and hold criteria. 

@Brian GibbonsThat papersourceonline article forgot to mention something about 3rd party appraisal for the 2nd (LLC owned) scenario which was in the original CFPB regs.I'd prefer being able to use an agent's BPO/CMA since they see the pulse of the market and price in demand, where appraisals are rear view mirror facing.

I did get half the bad debt back from small claims court.The next three tenants were slightly better (read: less expensive) but none stayed a full year and we kept facing vacancies and missed rent payments.

I have 150k to get started but am faced with some options. 1) Use the 150k to buy a primary residence for ourselves then use that equity to finance future real estate investments or 2) buy houses to flip in an effort to increase my capital. 3) Buy a multifamily unit to rent out and use that equity/income to finance future deals.I am also looking at the projected population growth for the state of Florida and was wondering if we should focus our efforts in another county.

If they made those comments to my face, I'd explain how it works.

When determining ARV I often face a conundrum with the subject property given the variance between houses in good condition, vs flips with high finish out.Lets say these are all comparable properties, brick exterior 1,500 sq ft 3/2/2Comp 1: Sold for 149 well maintained houseComp 2: Sold for 150 some minor updatesComp 3: Sold for 165 flip high level finish outComp 4: Sold for 166 flip high level finish outOur hypothetical subject property is the same as the comps but our exit strategy for it is a rental.