For sourcing deals, consider leveraging a mix of strategies including networking with local real estate investors, using online platforms like Bigger-Pockets for community advice, and exploring public records or foreclosure lists for potential off-market properties.

My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially participated and even more than anyone else (i.e. cleaner).

Does the guideline for a monthly rent between 0.8% and 1.1% of the property's value include power, water, gas etc.?

After subtracting all that from the 3333.00 , whats left is what you can spend on a mortgage payment including property tax, home insurance and mortgage insurance.

-new doors (all of the interior and exterior doors are new, including new hardware locks, hinges, etc)-new kitchen countertop-new waterproof treated butcher block countertops-new large kitchen sink with stretch faucet-new extensive shelving in the large closets-new tubs, shower surrounds, faucets (brushed nickel)-new toilets-new vanities, sinks, faucets -new bathroom hardware (brushed nickel)-Bluetooth bathroom fans with speakers-custom recessed shelving -3 entrances to house: front, side and rear-historic rod iron fence in front yard (refinished) What made you interested in investing in this type of deal?

In my home state of ohio, these auctions come with clean title and they include all leins and morgages in the starting price so i figured it was the same for florida.first property i am a defendant on, the second im not because the foreclosure process started before my purchase date so im not entitled to the lien.

I'm not sure what market you're in but in the markets we have worked and purchased in it's the tax assessor site that includes the sold data. 

We'll be sure to include you Michael.

If you look at buildings as a real estate investor, every building (including new construction) is going to have problems.

Is the $9k closing costs including escrow?