If they don't perform to the requirements stated in the lease, it is kept..period.

Typically lenders require an executed contract on a specific property, but several I work with closely issue loan commitments (fully underwritten conditional loan approval) in as little as 24 hours post receipt of a contract and required documentation.

That makes sense - these successful GPs/Operators are often only looking for institutional investors / QPs because they don't want the hassle of smaller checks.I've probably looked at dozens of deals so far and came close to investing in one that required a larger check.

I am in Florida, which requires written notice for rent increase.

All buildings close to the beach requires piling on the first floor then you can either add 2nd or 3rd floor depending on your business plan.You can reachout to real estate agents that are predominant in the area to provide you with short rentals income report.Let me know if you need any help or info about building ground up.

How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase? 

Make sure to have compliance with loan requirements and have a plan for managing the property while away.Good luck!

I suspect there is something about the current deed that concerns the insurer which is probably why they're requiring the affidavit. 

I was recently informed that there are portfolio lenders that don't do a credit check, don't require an appraisal (possibly BPO), or tax returns, etc and are truly asset based.

As long as our tenant gives us the required 30 days notice, we will market our property, and within 2-3 days of turning on the marketing, we can have a qualified tenant ready to move in.