Thank you for the in depth response!

@Frank SzymanskiFor the rental in fl, here is what I would do: Remove uppers over the U, add nice lightsFloating LVL floorsMove cook top over to the left, nice hoodExtend an L with the counter top to provide seating on the other side, round the edge of the counter topBuy / replace appliances, may be counter depth fridge with ice and water on the doorUse quartz / granit for counter top, or butcher blockAdd nice lights, new big sink & nice moen faucetI'd lightly hand sand cabinets and spray new coat of polyGood luck

The aunt photos is to get more in depth pictures and to verify what the rehab itemized list is stating.

The key is your knowledge...and that knowledge must be in depth of each option you are thinking of using. 

I would like to talk more into depth about the current state of the economy.

It's also important to see how in-depth or how much of a review a lender does before quoting you terms. 

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

If a nationwide lender has a solid process, communicates requirements, reviews the scenario in-depth and thinks ahead of any issues then it's just about going through the steps. 

Hi Justin and Sylvia,Thank you so much for your input and time with answering my question...I will surely look in more depth with this and get with my accountant this week.Sincerely :)Dave Wolfe

Outside of being an active investor in the area, I am also an investor-focused agent so let me know if you need any help or would like to chat more in depth.