I am currently trying to buy my first investment property in Miami-Dade but I am having trouble estimating how much taxes will be.

Equipment companies catering to the AG industry are also feeling the heat.

@Chris Stranad  My primary residence (1,323 sq ft) has baseboard electric heat. 

We are from Miami but looking to invest into Jacksonville area.

Once again main items (roofing, floors, water/sewer, doors/windows, heat).

Purchase price: $420,000 Cash invested: $300,000 Sale price: $900,000 Demolished 750 sq ft 1947 cape and built 2 story 3200 sq ft with 2 separate Hydronic central heating and cooling systems, 200 amp electrical service with ARC fault breakers. all Andersen 400 casement 3x5, arch and picture windows.

Lease in Miami-Dade

JamesHere’s some info I’ve posted before that may help in your search:Here are some things to look for from an Insurance prospective: Any in-ground tanks (active or inactive)Any Knob & Tube or Aluminum WiringIf built before 1978, does the building have Lead Safe certificationsAny wood stoves or secondary heating units.

A heating system in one house will eat up every penny, a roof same, water heater alone will eat 1.5 months rent.

. - demo fully guy everything in the interior- replace and update all the electrical and plumbing’s - add central air/HVAC system- replace both front door and back door- replace all windows about 12-15- new flooring, new kitchen, - add recess lighting - new hot water heating systemI am expecting to try and get the house under contract at 450k, the ARV will be about 650-675k.