So far the experience level of the people I have met there has been pretty low which I understand that they are there to make contacts and learn (everyone needs to start). 

@Min Wang At first glance this seems to be a pretty solid property.

Adding in the rent from the other side, the property would still be pretty negative on cash flow (largely due to the FHA loan w/ minimum down, I know).MAYBE I could bring the rent up over the next 3 years to where there is positive cashflow; MAYBE appreciation will be such that I could sell at a gain in several years. 

Hey All,last time I was in Tulsa and OKC this worked out pretty well so I thought I would try it again! 

.- Section 105 plan: Make yours and your family health expenses 100% deductible.- Augusta Loophole: An S corporation owner can rent his or her entire home to the S corporation for up to 14 days per year and get big tax deductions.

Also Condos Tend to be the last to rise and first to fall when markets change, FL is highly volatile, especially condos, so unless you buy WAY under market, your risk is pretty high especially if you want to get out at a low point in the market.   

They seem pretty similar with Real Geeks maybe taking the slight edge. 

Pretty awesome. 

@Win Thu I think so, but I'm pretty biased

I've been involved in pretty much every different type of real estate....including a successful flipping biz AND rentals.