Also, at that price point your tenants will possibly be more needy and expect perfection. 

Is that what you expect.

Does anyone have an idea of what I might expect to pay each month for insurance costs?

What kind of returns can one expect? 

My parents have always told me that I need to expect to put 25% down on investment mortgages.

@James LeeHow much cashflow you’re willing to take should have your expected appreciation playing a big factor, no matter what it is

I got put into a position today that I wasn’t expecting.

If the margins were better I’d take it in a flat/Midwest market but those can be good numbers due to expected appreciation in many areas of Florida

I am wondering what to expect moving forward .

If from anyone other than your spouse, the IRA will need to be setup as beneficiary IRA and annual distributions based on your life expectancy will apply, so keep this in-mind when investing the beneficiary IRA in real estate. https://www.irs.gov/retirement-plans/plan-particip...