The tenant already declined the lease break offer even with a free month thrown in.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

Feel free to reach out if you want to chat further!

Let me know if you'd like to meet up and I can give you my free advice no strings attached.  

The first applicant will eventually get tired of his free-loading friends and problems will ensue.

The real prohibitive costs come from the legal, compliance, and reporting requirements of registering a security.

Feel free to reach out! 

Insurance-  replacement costs.  

Feel free to DM me and I can give you details on properties I have that are going to hit the market. 

Feel free to connect if you would ever like to chat about Orlando area STRs!