Not sure if that's standard or due to my type of account with them (Private Client...I have 3 IRA's, a solo-401k, and Rollover 401k so total with them bumps me up into their Private Client level banking).Their interest is non-existent (I use Ally.com for holding money @ 1.65%) but I've never had a problem with them. 

The total benefit here is $2460/year.

To me I count those things as probably more important than the actual deal itselfSo here are the numbers:Purchase price: 70KRenovation costs: 26K (I originally estimated 15K hahaha I wish)Closing costs: 2KAll in cost of 98K.Currently rented: 1200 per month.The bank appraisal with my local bank just came back at 134K and with a LTV of 75% I am eligible to refinance out 101K on the total deal.I am only refinancing 90K which will leave my all in costs at approx 8K on the deal.After PITI and reserves for maintenance, capex, vacancy, and management I will cash flow approx 200 a month with a 23% CoC return!

I like this property because its in another great location, has been totally rehabbed, and would start producing about $600 - $800 (Net) a month on a duplex.

My advice to you is simple:decide if you want a totally passive investment, where a project manger actually finds, rehabs, rents and distributes your cash flow back to you....or do you plan to be hands on?

You can also limit total numbers (such as two persons per bedroom).

Ok. but just to be clear Im adding three, so its a total of six.

I haven't had time to go through tax-deeds this weekend (went to go visit my parcel I just won in a tax-deed sale).Your best bet is going with Avvo and posting 1-2 questions per post (you can do this for free) - this will give you a general legal idea of what occurs in the process that you can depend on (Avvo questions are answered by lawyers for free).I ended up paying $200 for a consultation and had my lawyer go through FL's entire tax-deed process while taking notes to study up on.What county are you planning on bidding in?

Whether your tolerance for risk allows you to scale to larger purchases, or you'd rather mitigate some of that risk and buy smaller properties is totally up to you, your goals and your comfort level.

total profit is $25,500 minus closing costs and paying myself back the $12,900 I'm looking at a $10,000 profit.