I was just curious is others have found success with other programs & nuances.   

In my market I have found there are under performing apartment buildings between 10-20units that have potential to increase rents and cash flow.

The one thing I found possibly concerning is a restriction of 2 people per BR according to the septic of the house. 

I wish I had found the program years ago.

I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan. 

I am going to guess that you have checked the comps for the neighborhood the house is in and you have found other houses for rent at the market rate?

We just found one that’s moonlighting on the weekends at about half the going rate.

Hi Craig,After managing hundreds of properties and investing in 30 rentals myself, I've found Florida to be a great market for long-term rentals, especially in areas like Tampa Bay where there’s steady growth.

On the other side, it is also possible that they have found the property they want to exchange into or already have it under contract. 

For me, I've found that as I hone in on a location and an asset class, everything gets easier.