I did most of the rehab myself on the top level and learned the process for new construction with a contractor for the basement.

Here is the current picture.I found a property that is for sale, the owner is asking $55,000 with lease option as a possibility, it's a single family 2 kitchens, 2 baths, 3 bedroom, but the property is zoned 2-Family Residential and can be split into a multi-family split-level apartments.

Firstly, I would like to say good job on keeping a level head and looking at the numbers more than most people do.

There is a very high level of trust here as we have done other deals with each other and on a joint basis also.

@Justin Lewis,I believe knowing the facts and as many of them as you can on a Macro level of a market.

To get to the next level, I'd really have to amp up the time I'm spending on it.

It truly depends on the property and your comfort level.

You can buy small SFHs in decent (but not the greatest) neighborhoods that need a little TLC between 50-60K and really good neighborhoods between $70-100K.

You could always work your way closer to Orlando once you have reached some level of success if you like.

Other neighborhoods condos remain pretty solid. 2 level condos are moving much better than 1 level condos.