We still need to vet the potential tenant and I know restaurants are tough, but we can always switch it to retail or office space if need be.Purchase price was $246K.

It's harder to rent a 1bed unit because people want a guest room, an office, workout or storage space, etc.Preference is 3bed/2bath in my market.

@Alex Bilinovich the best would be a house but if that's not in the question then a barn or some kind of commercial space.

There are 5 current tenantsWith one more space availableUnit one is at $500Unit two 500three 1000 four 500five 500 this is the largest unit and way under priced on rent  

Not sure how the heating/cooling is in this home but perhaps you’d consider looking at your states green incentives for installing a heating & cooling air source to your tenants spaces.

As a broker in this space, how are you seeing things in comparison to what is in the report?

Hey Guys,I'm a new investor in South Florida looking to get into the multi-family space. 

I am planning to replace the carpets with luxury vinyl flooring in both the living space shown in the picture and the bedroom.

Which all key figures help developers decide on negotiating terms of JV for development(build and sell).Deal here with one of Landlord is, 52k sq ft plot, Multi Use development possible (Ground + 1 floor parking, 4 floors of commercial space, 14 floors of residential apartments).Owner is not ready to give up on 55 - 45% JV model (55% for Developer, 45% for Land owner + 1.2 mn USD cash).Where as out of 4 prospective Developers, no one is ready to be beyond 34%.

The cost is going to be less than 30k because I will build it myself but obviously the county won't just accept my "random" estimate, they will allow to estimate $123/SF of conditioned space and $22/SF of deck.The floor plan I was planning on building is coming at $37,404 (288 SF floor plan, 90 SF front deck), so my question is : shall I make it smaller to get below that 30k limit ?