Since currently we are saving money by living with my parents, I would be hoping to use my first purchase as a place we could also live in.

Depends on the current setup. - Flooring $4-6/SF for 12 mil click plank supplied and installed, maybe $2-5/SF for glue down.

Please let me know.What is the current on the ground detail situation in Tampa?

-If not, then I wouldn't add $100k of 'Value' to the property just for having an established Pizzeria, since as a simple landlord, it all breaks down into the return calculations above (hinging on rent/mo from your tenants, whoever they are) which at your current estimates would leave you under-returning compared to a money-market account earning 5%.Now keep in mind, I have been discussing the long-term hold return of this investment.

I currently have an umbrella policy with Geico but they will only insure up to 5 homes. 

Do you currently use a PM / would you for your next investment?

However, financial freedom isn't just about replacing your current income.

The teaser rents will likely reset to unadvertised rents higher than what he is currently paying, which is the point of the discount, to get someone moved in and adjust them to a much higher rent down the road.He's going to be a pain at renewal.

Big part of my practice is currently focused on real estate investors and asset protection services. 

It goes something like this.You find a commercial property for sale in a good location that’s currently vacant (so that you’re not paying for current cash flow) and that has an assumable mortgage at a relatively low rate.