I don't have the greatest credit but I am in the process off repairing it.

If Florida is anything similar to its northern neighbor (Georgia), you can probably build for as low as $60/sf if you're your own GC, if you don't have to spend a fortune on utility hook-ups and if permit costs are relatively low.We build with mid-level finishes in the low-$60s/sf in Atlanta...

On a personal level, i love to travel, mostly cruising!!  

Here are my thoughts:-can't be too close to the ocean, sea level is rising rapidly-Ideally it'd be nearby (I live in Virginia) so somewhere on the east coast that I could drive back and forth to-Once I graduate, I was going to move to TX or NV and get involved in real estate there.

I have had my tenants in past make small fixes to the property(depending on their skill level).

Incorporating can certainly save you on taxes depending on your income level.

I would speak to a local investor who has a level head and see where they think the real estate market is going.

So I'm trying to plan a strategy to take my residual monthly income to another level. 

@Brian Burkewhat are you seeing for investors appetite in a deal where the sponsors ownership % exceeds their level of capital contribution?

Just don't be scared off by the fact that a lot of the housing stock is not in the greatest of conditions.