I personally think you can, and if the former owner redeems, they get cutover timber land.

Quote from @KiKi Wood: Personally, I would say that anything more than ~22% is a little steep...Hey Kiki,Thanks for your thoughts and I think everyone is entitled to their opinion.

I personally would go with cedar and have vertical posts spaced 5 inches apart.

@Mindy Jensen A little too personal to post publicly but if I can figure out how to PM you I would love to get others opinions. 

Hi Everyone,Just wanted to share an app I created for real estate investors to find homes in their area.

I like to share this story as a cautionary tale and while nobody has a crystal ball and can predict the future, understanding the end goal can  help investors understand  whether they invested in a market that can reap the true benefits of SFH rental ownership or perhaps point them in that direction. 

Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.

If any other ideas are out there, please share. 

Or should I also include my own personal labor into the rehab cost?

We made the mistake of thinking the person who charged less was the better option, however in the long run we spent more.