This would depend on whether your property is overvalued by the tax assessor and in turn you are paying additional taxes on that additional valuation.

We are definitely dependent on that population and job growth to eventually gain some profit spread.

It really depends on what you are looking and I think your thought process is correct.

LENDBASE has the following feesConventional:1% origination fee$500 doc fee (est)Title Work TBDAppraisal $2000-$3000Environmental $0-$2000 (depending on search) Which all seem pretty normal, but FIRST they require you pay them up front $4,000.00 to start brokering loans, it’s their "non-refundable engagement fee.”Has anyone ever heard of this ever?

Depending on the rents and condition of the property, you could find a value or at least a price that would cause it to sell.

Hi @Mike Arias I think it depends on the strategy. 

Yes, you'd be doing either delayed financing or a cash out refinance depending on the timing.

Bedroom requirements can change depending on local code.

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

Florida's treatment of security deposits varies from many states in that it is required that a security deposit be kept in its own account in a Florida bank.