I also recommend something six months later, typically aligned with transitioning from winter to spring.

I'm making some options and trying to see the best outcome between them.

They have landlord-friendly laws, which is always a plus.Jacksonville, FL: Another option in Florida with a strong rental market and potentially better deals.Gainesville, FL: Similar to Tallahassee with a strong student rental market but might offer different opportunities.Connecting with local investors and real estate agents can give you more insight into whether Tallahassee fits your investment goals.

Perhaps adding an additional half bath is optional and could be eliminated if issues come up or perhaps for someone who is hands on perhaps they could take on more work themselves if they needed to and extend the rehab time period.

Most will charge a reasonable annual fee, but think of it as insurance.Lastly, consider just getting more insurance, typically an umbrella policy to cover your entire portfolio, instead of OR in addition to an LLC.Of course, discuss all this with an attorney!

Here are three good options:1.

Our agreement has typically been structured as an interest only loan, where he puts down 25%+ when purchased and I provide the loan for the balance plus draw payments for construction.

FWIW  electrical work is typically the most unpermitted poorly executed work. 

Thank you for your time.Melissa  Hi Melissa, There are a couple private lending options you may want to explore1.

The likelihood of all of these occurring is low in a typical subject-to transaction.