The Cole Memo from 2011 indicates that regardless of local laws, the Feds may enforce Federal law but the Cole Memo also outlines the Feds resources are limited and indicates they should be directed towards "illegal" activities that fund organized crime.

If it was less than what you paid, there was probably a re-assessment to get it up to your purchase price.

What is your property value assessed at and what is your property tax rate?

I could use some advice/analysis on this deal I am having difficulty assessing.

Steps: Sign up for a class, complete the online application with DBPR, sign up for background screening, complete class (DBPR has to clear you before you can test), take state exam, join brokerage, broker submits your application to state to join their firm, license becomes active (you cannot sell real estate until your license shows active with a brokerage), and then join Board of Realtors for your area. 

I agree with your assessment on B and C. 

(I realize this may be an older post, but as you're getting new activity - it's relevant. 

Hello I am actively looking for my first real estate deal.

I'm an active duty US Navy Chief Petty Officer, brand-new BPer and real estate enthusiast, I got turned on to this whole game (and BiggerPockets) at the suggestion of a coworker shortly after I moved to Tampa back in July. 

So essentially, our own proforma.For capex: we put eyes on the property, assess condition and add budget to interiors in order to get it to where we will get the rents we forecasted in our proforma above.