Any fresh insight given the state of the current market?  

Assuming you have no savings, but live an average lifestyle of someone fresh out of college (spend less than $25,000 annually), I would pay off the loan and put $12,000 into a high yield savings account for an emergency fund to cover six months of expenses.  

The plan is to do some cosmetic upgrades, kitchen countertops, fresh paint, etc. when they vacate and then ask 1200-1250.

The Richest man in Bolivia.. and a lot a great books available right here on BP .. listen/watch to pod casts as much as possible when your not reading ... read Bp's threads as much as you can .. set up keyword alerts to get what your interested in .. start to study the area you plan on investing in .. you can study Orlando from a far .. ( the internet is a wonderful thing ) .. learn what the market is doing ..what is the average cost of a 3/2 block fresh remodel in College Park area ?

When we say redecoration, we're either talking about a new sofa & love seat or going to the cemetery to put fresh flowers on the graves!

I just graduated from Clemson University a couple weeks ago and now I am moving to Nashville TN for work. I have spent the last year and a half working as a licensed real estate agent in SC while going to school. I wa...

Only in this case you don't have to dodge local code enforcement and handle a bunch of calls from other "wholesalers" fresh out of their 5 figure guru seminars calling to see if you can be added to their "buyers list"...There is tons of direct mail info on BP.  

I can't think of many jobs where a 19 year old fresh out of high school could make even half that a month.

The same floor plan with similar upgrades is selling for $220k right now.The house has significant upgrades like Acacia flooring, plantation shutters, audio throughout the house, fresh paint, etc.

I will add that I do own the single family home that I currently live in, so I am not entirely fresh off the boat.