The land is currently zoned for light industrial use and is occupied by several auto repair shops.

@AJ Cerbo, the pay or quit notice I use specifically states that partial payments are not accepted "except with a WRITTEN payment agreement".

In fact, the rule of thumb in the industry is called the 50% Rule: that 50% of the rent will go toward non-mortgage expenses (vacancy rate, repairs, maintenance, insurance, property taxes, management, accounting, etc.).

I view it the same way as how I'd never consider putting on a new roof myself...I focus on Facebook advertising (getting even more specialized than just digital marketing), so if you have any specific questions, let me know!

How do you ensure that properties comply with local regulations and ordinances?

Looking to buy and hold in South Florida specifically Miami-Dade and Broward County since I live here. 

At each property, whether a vacant lot or an industrial warehouse, he told the borrower that he should convert the property to medical offices, and that my fund would be willing to finance the conversion.  

To be clear, I’m not against financing, but since I don’t know too much about what I’m doing I feel like it’d be easier to own a property outright and get some experience with landlording to determine how much financing I’d be comfortable with after maybe a year’s worth of rental income.Hey as long as you’re comfortable with it and potential outcomes, then it’s time to proceed with at least looking a bit more closely at specific buildings.

This is simply because the information has changed since your original request.Tips for request information:1) be specific on the details of what you are looking for.Good: I would like the addresses of all properties that are not currently receiving service in your departments service area.

They can provide local insights, advice on market conditions, rental regulations, and help analyze the investment potential.Remember, making informed investment decisions requires your careful analysis and due diligence.