Investors that are looking to offset their investment costs can typically expect to cover the majority of operational and carrying costs, but those seeking positive strong cash flow and ROI can find limited cost saving inputs. 

I own rental properties in 3 counties in and around SA. I help investors analyze, acquire and rehab (established, reliable contractors). We are seeing more foreclosure and distressed opportunities post-COVID... Ro

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

The real estate market is strong with property value remaining high. 

You buy it based on its current cash flow.

You may also be eligible for state tax credits based on state, filing type, etc.

When a city grows just because people are escaping something else, then that growth can just as quickly shrink.I would be very careful about following migration trends without a strong, underlying justification.

Tampa is a fantastic market with its strong economic growth and high rental demand.

These are also income based loan so the debt to income (DTI) ratio has to work. 

With regard to giving a tenant leeway, its very short sighted to evict a tenant with a VERY strong track record for a VERY small shortfall one month, especially when they have been communicative and given you what sounds like a reasonable explanation as to what is going on.