I live in CA and want to buy out of state.

They can implement or may already have rules like no rental signs, HOA needs to approve any application (but they might only meet quarterly), no pets for tenants, owner must live in the house for 1-2 years before renting, no leases less than a year, limit on # of rentals, and more.   

Angi here - living in CT with ties to FL as well.

We live in Central FL, in Umatilla, and are looking to flip our first home.

I am looking to potentially purchase a condo/single family home to live in and refi down line in the Miami area.

Many have gone like the wind, new ones pop up and will also disappear with the next breeze.Selling crap properties, in crap areas for more than they are worth and then passing on to 3rd party PM that nickel and dimes to death.It's a shame but it's been the same cycle since I started in 2012 and even longer that I remember.I feel sorry for such investors that commit so these providers but I feel even sorrier for those that try DIY BRRR from out of state.Asset classes are variable and "Potato" "Potato" lolFor example, I can almost but guarantee that my B class in Toledo for $90,000 for example is D class in Cinci.Lived in Middletown and owned a few rentals in Cinci so know the market decently.It also comes down to how someone was born and bread.I had investors come from Cali and laugh at me and my "B class" properties.They said it's Z class.Even tho my entire team lives in the area and so did I for 10+ years.No silver spoon in my mouth growing up and I wouldn't sacrifice my families safety in a so called "Z class" area.But we are all different, right?

With the cost of living 9.8% lower than the national average.

However, it looks like to the left it connects to another room (maybe the living or dining room) if so, I would see if it was load bearing and maybe take down that wall and make it a little more open, probably put an island where that is.For the outside, it mostly looks like it needs a new paint job, fresh grass, and some pressure washing. 

I will be living on the property, but trying to see what resources their are for doing market research on RV Parks. 

The Agreement also states that he will be subject to the terms and conditions of the Lease Exhibit A while living in the home.I have two concerns:  1) in this type of arrangement, would I be able to evict him if he defaulted on the payments?