But it seems that property taxes will increase extraordinarily high next year and coupling that with expensive home owners insurance.

I live in the Daytona Beach area & finding something turnkey for sale that will cash flow is very difficult, the prices are still too high.

I would highly suggest NOT doing Windsor at Westside.

Tax sales may not get a lot of activity but whet it lacks in volume it makes up ten fold in quality.

Beyond 10+ units borrowers will want to connect with a reputable broker/lender with specific lending programs for high density complexes.- Appraisals for 5+ units take more time and are more expensive.

Ultimately I do not want to be over leveraged, stuck paying a high mortgage for extended time, or live in a home that needs work I can’t fund what are your thoughts and recommendations for how I should structure my first purchase?

In a high priced market like ours, off market distress, vacants and tired out of state land lords is the way to go!   

I am more in my BRRR phase so lower purchase price with a decent fix it but I would safely say prob still 70-80k loan price total.I have also been paying $885 - $1,000 for appraisals which just seems very high to me. 

I would highly recommend adding a cost.

I’m hoping there’s something more efficient than me emailing applicants pdf application and then they Venmo me or something, I’d prefer better automation.We have integration through our property management software, RentManager, on our website.