Florida home prices are high, and insurance costs are increasing.Management: Currently, I manage the property myself, which has been relatively easy.

If the property can be respectably sold for $250 you have to be all in at around $200 including the commission and carry cost.

If you are a flipper, your real estate along with related costs are considered inventory.The bare minimum feature within Quickbooks is to have the inventory feature.

Replacement cost.

This means, in effect, that he has not paid his rent for this month, July 2024.How can this happen?

Consider renovation costs and potential for adding value through improvements.Resources and Tools:Local Real Estate Networks: Connect with local real estate agents, property managers, and investors for insights into specific neighborhoods and market conditions.Online Tools: Use real estate websites and platforms to analyze property prices, rental yields, and neighborhood demographics.Tips for Canadian Investors:Tax Implications: Understand tax implications for Canadian investors owning U.S. property, including withholding taxes on rental income and capital gains.Legal and Financial Advice: Consult with a cross-border tax specialist and real estate attorney to navigate legal and financial aspects of investing in the U.S.If you would like to discuss further/need financing please feel free to reach out.

In 2023, I received orders to relocate to Beaufort, SC, and was able to rent out my NC home immediately, generating approximately $500 in monthly cash flow after accounting for property management costs.

If the pricewould have been $20k less I would have been good with just a VA loan.So depending if you're looking at a larger more expensive house, I wouldn't refi the 1st one as I'm sure your interest rate is pretty low, plus adding closing cost would add more $ being refinanced.

In most cases your better off buying with "All Cash" and then you can use a "Delayed financing" program to get up to 80% cash back LTC loan to cost.

We initially met with a couple builders my father has worked with previously and are currently awaiting for detailed breakdown of cost estimates.What would be recommended for taking out a loan for this build?