In South Florida I'd say it's extremely difficult to find a property that would fit the 1% rule... probably if you start looking much farther out, maybe in central Florida?

@Serj Savchuk You have extremely low liability at only $100,000.  

While I do not subscribe strictly to either major political party, I do notice a correlation between sometimes extremely restrictive landlord/tenant laws and the color of the state on the electoral map every four years.

I am extremely interested in the downtown Winter Garden area so I watch it very very closely and I am now working with one investor and one family wanting to purchase in the area.I have been listening to the BP podcast in the car for a few months now (just about all I listen to) so I feel like I have picked up a good bit of knowledge from it but it's nothing compared from the knowledge you gain doing a deal.  

As I'm sure you know, homes around this area are extremely expensive and hardly worth buying to rent out.

You are in an extremely aggressive flip market.  

Safe and extremely walkable.

I became an investor before I became an agent, and it was extremely apparent that many agents don't really have a solid grasp of how investors make decisions.  

At this point I was extremely excited to jump right in but at the time the market was moving very fast.

You have to micro-manage every little details in every step of the process and it is extremely frustrating and annoying.