@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

If you don’t mind moving somewhat frequently this is a great way to start your portfolio.

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We’re not used to seeing emergency declarations as frequently as they do in Florida.Our borrower is a local rehabber with a property scheduled to be funded today and close tomorrow.

Inspections are more frequent. 

Surprised about the construction especially since the earthquakes are frequent and can be bad.  

You should 100% have insurance because of the worst case scenarios (what if someone dies and they blame you the property owner), but it's not something you'll want to use frequently. 

Frequent hail storms pushing insurance rates up in that market. 

Main reason why I am a little skeptical is because I have had experience with companies that offer to find a "best lender" similar to bankrate.

if you're in St Pete frequently you'll need to turn some of those vacation trips into work trips - networking, building a team, and trying to find a distressed property.but the trick is then going to be moving quickly if either 1) a distressed property hits the MLS (unusual, but not unheard of) or 2) a distressed property comes to you another way (from your network, from a wholesaler.)how you will move quickly enough to lock it down and buy it, if you're in RI?